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

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Fundamentals of Multi-Org

The following will be discussed here:

• Explain Enhanced Multiple-Organization Reporting
• Explain how Multi-Org secures data
• Identify key implementation considerations for Multi-Org
• Define Multi-Org Access Control
• Explain Multi-Org preferences
• Define Multiple Organization (Multi-Org)
• Fundamentals of Multi-Org
• Explain the concepts of subledger accounting
• Describe the types of organizations supported in the Multi-Org model
• Explain the entities of Multi-Org

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

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 E-Business Essentials

The following will be discussed here:

• Explain shared entities within R12 E-Business Suite
• Identify Key Business Flows and products involved in E-Business Suite (EBS)
• Create Favorites and set Preferences
• Enter data using Forms
• Navigate from Personal Home Page to Applications
• Shared Entities and Integration
• Use Forms and Menus
• Run and monitor Reports and Programs
• Access online Help
• Choose a responsibility
• Search for data using Forms
• Describe key integration points and business flows between products in E-Business Suite (EBS)
• Navigating in R12 Oracle Applications
• E-business Essentials
• Log in to Oracle Applications
• Log out of Oracle Applications

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

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Accounting Setups

The following will be discussed here:

• Describe the important elements for creating a Chart of Accounts structure
• Create eliminating entries
• Creating a new Accounting Flexfield structure
• Describe the basic components of Accounting Setup
• Use the elements of the Consolidation Workbench
• Accounting Setups
• Complete Accounting Setup
• Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
• Consolidations
• Identify the key implementation issues regarding consolidations
• Perform the Secondary Ledger Setup steps
• Use the features and functionality of Global Consolidation System (GCS)
• Describe the various Subledger Accounting Options
• Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
• Create Accounting Setups
• Describe the elements required to create a ledger within Oracle General Ledger
• Describe Ledger Balancing Segment Value Assignments
• Perform the Primary Ledger Setup steps
• Use Standard reports and inquiry options available for consolidations Ledger

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