Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Financial Reporting
The following will be discussed here:
- Create FSG Reports with XML Publisher
- Use Standard listing reports available for FSG report definitions
- Explain the positioning of Financial Reporting within the Oracle General Ledger business flow
- Build basic reports
- Use key elements of the Financial Statement Generator (FSG) for creating financial reports
- Explain key implementation issues regarding Oracle General Ledger financial reporting
- Financial Reporting
- Use Web ADI for Financial Reporting
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What is Implementation Essentials 1z0-516 Certification Exam and Retake policy
Oracle Cloud Certification credentials are valid for a period of 18 months from the date you earn the credential. The credential will become inactive at the end of 18 months. Oracle requires candidates to hold an active credential in order to access certain certification benefits including, without limitation, use of Oracle certification logos, e-Certificates, score reports, digital badges and certification verification.
All the candidates must wait 14 days before retaking a failed proctored exam. (Registration will be allowed on the 14th day). Candidates may not retake a passed exam at any time and may not retake a beta exam at any time. Also, candidates are only allowed 4 attempts to pass an exam in a 12-month period.
Get a sound understanding of Oracle E-Business Suite, including navigation, key business flows, functionality, and integration points between products. Smoothly implement and start using the applications, so that your organization can quickly realize the full value of Oracle E-Business Suite.
Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Accounting Setup Manager
The following will be discussed here:
- Describe Accounting Setup considerations with no legal entities
- Describe Accounting Setup considerations with multiple legal entities
- Accounting Setup Manager
- Describe Accounting Setup considerations with one legal entity
- Describe the components of Ledger Processing options
- Create Recurring Journals
- Describe Secondary Ledgers & Reporting Currencies
- Formulate Mass Allocation Journals
- Advanced Journal Entries
- Describe AutoAllocations and related implementation considerations
Oracle 1Z1-516 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: E-Business Essentials | 20% | - Describe E-Business Suite architecture and shared entities - Navigate R12 Oracle Applications - Understand flexfields and Web ADI - Explain Multi-Org fundamentals |
| Topic 2: Journal Processing | 20% | - Manage recurring and mass allocation journals - Handle journal reversals and approvals - Create, review, and post journal entries |
| Topic 3: Multi-Currency and Consolidations | 15% | - Translate and revalue balances - Perform consolidations and elimination sets - Define and use multiple currencies |
| Topic 4: Budgeting, Reporting and Period Close | 20% | - Generate financial reports - Set up and maintain budgets - Execute period-end and year-end closing - Use summary accounts and balances |
| Topic 5: Accounting Setup and Security | 25% | - Implement data access security - Create and manage chart of accounts - Define ledgers and ledger sets - Use Accounting Setup Manager |
