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Oracle 1Z0-516 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle E-Business Suite R12.1 General Ledger Essentials |
| Exam Number: | 1Z0-516 |
| Passing Score: | 60% |
| Exam Duration: | 120 minutes |
| Exam Format: | Multiple Choice |
| Certificate Validity Period: | No expiration (valid for EBS R12 / R12.1) |
| Available Languages: | English, Simplified Chinese, Japanese, Brazilian Portuguese |
| Exam Price: | USD 245 (may vary by region) |
| Real Exam Qty: | 64 |
| Recommended Training: | R12.2.9 Oracle General Ledger Management Fundamentals R12.2.9 Oracle E-Business Suite Fundamentals |
| Exam Registration: | Oracle University Pearson VUE |
| Sample Questions: | Oracle 1Z0-516 Sample Questions |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended: hands-on experience with Oracle EBS R12.1 Financials |
| Official Syllabus URL: | https://education.oracle.com/catalogue-de-produits-ouexam-pexam_1z0-516/pexam_1Z0-516 |
How to Prepare For Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
Preparation Guide for Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
Introduction
The Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger certification will help you build a functional foundation in E-Business Essentials. Certify your ability to access and navigate the R12 E-Business Suite, enter data, retrieve information in the form of a query and access online help to give yourself an edge against other candidates in the job market.
You will also develop a deeper understanding of Oracle General Ledger. Building these skills will allow you to perform simultaneous accounting for multiple reporting requirements and access and process data for multiple ledgers and legal entities at the same time. This is done using the power of ledger sets. OPN Members earning this certification will be recognized as OPN Certified Specialists, which helps their companies qualify for the Oracle E-Business Suite Financial Management Specialization.
This certification is for:
- Implementers
- Business Users
- Administrators
Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Introduction to Oracle Applications R12
The following will be discussed here:
- Explain Workflow concepts
- Basic Journal Entries
- Define value sets and values
- Import journal entry information using the GL_INTERFACE table
- Describe Flexfields and their components
- Describe the benefits of Workflow
- Explain the footprint of R12 E-Business Suite
- Describe R12 E-Business Suite architecture
- Describe how journal entries are positioned in the accounting cycle
- Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
- Define Descriptive Flexfields
- Utilize Web ADI profile options, forms functions, menus, and responsibilities
- Identify the steps to implement a Flexfield
- Fundamentals of Flexfields
- Fundamentals of Workflow and Alerts
- Define Web ADI setup options for key flexfields
- Define Key Flexfields
- Plan the key elements of Web Applications Desktop Integrator (Web ADI)
- Introduction to Oracle Applications R12
- Describe the different Journal Posting options
- Describe the benefits of R12 E-Business Suite
Oracle 1Z0-516 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Multi-Currency and Consolidations | 15% | - Define and use multiple currencies - Perform consolidations and elimination sets - Translate and revalue balances |
| Topic 2: Journal Processing | 20% | - Manage recurring and mass allocation journals - Create, review, and post journal entries - Handle journal reversals and approvals |
| Topic 3: Budgeting, Reporting and Period Close | 20% | - Set up and maintain budgets - Use summary accounts and balances - Generate financial reports - Execute period-end and year-end closing |
| Topic 4: E-Business Essentials | 20% | - Describe E-Business Suite architecture and shared entities - Understand flexfields and Web ADI - Navigate R12 Oracle Applications - Explain Multi-Org fundamentals |
| Topic 5: Accounting Setup and Security | 25% | - Use Accounting Setup Manager - Define ledgers and ledger sets - Create and manage chart of accounts - Implement data access security |
By Adonis
