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

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
• Formulate Mass Allocation Journals
• Accounting Setup Manager
• Describe AutoAllocations and related implementation considerations
• Describe Accounting Setup considerations with one legal entity
• Describe Accounting Setup considerations with multiple legal entities
• Create Recurring Journals
• Advanced Journal Entries
• Describe the components of Ledger Processing options
• Describe Secondary Ledgers & Reporting Currencies

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

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Financial Budgeting

The following will be discussed here:

• Define budget and budget organization
• Financial Budgeting
• Review balances in Master/Detail budgets
• Perform budget review and correction
• Explain Budget Entry methods
• Explain the components of budget accounting cycle
• Use available Standard budget reports
• Transfer budget amounts
• Translate budget balances
• Plan Budget implementation requirements
• Create budgets with Budget Wizards
• Apply Budget Rules
• Explain the anatomy of a budget

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Oracle General Ledger Process

The following will be discussed here:

• Describe the integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systems
• Advanced Security
• Control security of Management Reporting
• Identify the steps required to complete the accounting cycle using Oracle General Ledger
• Manage Data Access Sets
• Manage Data Access Security for Legal Entities and Ledgers
• Describe an overview of Accounting Setup Manager, currency concepts, budgeting, EPB, reporting & analysis
• Explain key Advanced Security setups and process
• Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
• Explain implementation considerations for setting up and using Oracle General Ledger and Oracle eBusiness Suite
• Oracle General Ledger Process

Oracle 1Z0-516 Exam Syllabus Topics: