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Oracle EBS R12.1 General Ledger Essentials - 1Z0-516 real prep

1Z0-516
  • Exam Code: 1Z0-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Jun 18, 2026
  • Q & A: 180 Questions and Answers
  • PDF Version

    Free Demo
  • PDF Price: $59.98
  • Oracle 1Z0-516 Value Pack

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  • PDF Version + PC Test Engine + Online Test Engine (free)
  • Value Pack Total: $79.98

About Oracle 1Z0-516: Oracle EBS R12.1 General Ledger Essentials

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

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-516

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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