Oracle EBS R12.1 General Ledger Essentials - 1Z1-516

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

Oracle 1Z1-516 Exam Syllabus Topics:

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 Introduction to Oracle Applications R12

The following will be discussed here:

• Describe the different Journal Posting options
• Describe the benefits of Workflow
• Basic Journal Entries
• Explain the footprint of R12 E-Business Suite
• Utilize Web ADI profile options, forms functions, menus, and responsibilities
• Define Web ADI setup options for key flexfields
• Describe how journal entries are positioned in the accounting cycle
• Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
• Import journal entry information using the GL_INTERFACE table
• Fundamentals of Workflow and Alerts
• Fundamentals of Flexfields
• Describe the benefits of R12 E-Business Suite
• Introduction to Oracle Applications R12
• Explain Workflow concepts
• Plan the key elements of Web Applications Desktop Integrator (Web ADI)
• Describe Flexfields and their components
• Describe R12 E-Business Suite architecture
• Identify the steps to implement a Flexfield
• Define value sets and values
• Define Key Flexfields
• Define Descriptive Flexfields

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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:

• Business Users
• Implementers
• Administrators

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