Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Financial Reporting
The following will be discussed here:
- Use key elements of the Financial Statement Generator (FSG) for creating financial reports
- Explain the positioning of Financial Reporting within the Oracle General Ledger business flow
- Create FSG Reports with XML Publisher
- Financial Reporting
- Use Web ADI for Financial Reporting
- Use Standard listing reports available for FSG report definitions
- Explain key implementation issues regarding Oracle General Ledger financial reporting
- Build basic reports
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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Financial Budgeting
The following will be discussed here:
- Review balances in Master/Detail budgets
- Use available Standard budget reports
- Explain Budget Entry methods
- Plan Budget implementation requirements
- Translate budget balances
- Define budget and budget organization
- Explain the components of budget accounting cycle
- Create budgets with Budget Wizards
- Perform budget review and correction
- Apply Budget Rules
- Financial Budgeting
- Explain the anatomy of a budget
- Transfer budget amounts
How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs
- Examination Fees: $250 USD
- Types of questions: Performance Based Questions
- Passing Score: 60% or higher
- Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
- Length of Exam: 150 min
- No. of Questions: 80 Questions
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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 AutoScheduling
The following will be discussed here:
- Perform journal import of subledger balances
- Summary Accounts
- Explain the accounting cycle
- Perform key steps in the close process
- Explain AutoScheduling
- Plan and maintain Summary Account structures
- Describe the Journal Scheduling process
- Period Close
- Use Budgetary Control & maintain Summary accounts
- Determine how Summary Templates are used
- Explain summary accounts and how they are used in General Ledger
- Define How Parent Values/ Rollup Groups are used in General Ledger
- Consolidate account balances
- Perform Subledger Reconciliation
- Describe key issues and considerations when implementing Advanced Journal Entry
- Describe the business benefits of using Oracle General Ledger's Advanced Journal Entry functions
- Explain the Period Closing Process and Reports
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Oracle 1Z0-516 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Multi-Currency and Consolidations | 15% | - Translate and revalue balances - Perform consolidations and elimination sets - Define and use multiple currencies |
| Topic 2: Journal Processing | 20% | - Create, review, and post journal entries - Manage recurring and mass allocation journals - Handle journal reversals and approvals |
| Topic 3: Budgeting, Reporting and Period Close | 20% | - Generate financial reports - Use summary accounts and balances - Execute period-end and year-end closing - Set up and maintain budgets |
| Topic 4: Accounting Setup and Security | 25% | - Use Accounting Setup Manager - Create and manage chart of accounts - Define ledgers and ledger sets - Implement data access security |
| Topic 5: E-Business Essentials | 20% | - Explain Multi-Org fundamentals - Describe E-Business Suite architecture and shared entities - Navigate R12 Oracle Applications - Understand flexfields and Web ADI |
