Oracle 1Z1-516 pass test : Oracle EBS R12.1 General Ledger Essentials

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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:

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

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

The following will be discussed here:

• Explain the positioning of Financial Reporting within the Oracle General Ledger business flow
• Explain key implementation issues regarding Oracle General Ledger financial reporting
• Build basic reports
• Create FSG Reports with XML Publisher
• Use key elements of the Financial Statement Generator (FSG) for creating financial reports
• Use Standard listing reports available for FSG report definitions
• Use Web ADI for Financial Reporting
• Financial Reporting

Who should take the Oracle Planning 2020 Implementation Essentials 1z0-516

This certification is for:

• Implementers
• Business Users
• Administrators

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.

The Planning Cloud 2020 Certified Implementation Specialist has demonstrated the knowledge and expertise in implementing Enterprise Performance Management and Planning solutions. Individuals with this certification can set up and configure security, set up a Planning business process, and configure the Financials, Workforce, Capital, and Projects modules, and design Reports and Documents.

This certification is available to all candidates.

It's geared toward members of the Oracle Partner Network who are focused on selling and implementing Financial Management modules. The exam targets the intermediate-level implementation team member. Up-to-date training and field experience are recommended.

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 Multi-Currency

The following will be discussed here:

• Perform Foreign currency journals Entry
• Translate functional balances into foreign currency
• Explain Multi-Currency concepts
• Use Foreign Currency Reports
• Describe overview of Secondary Tracking Segment
• Perform Revaluation of foreign currency balances
• Multi-Currency
• Use Currency Rate Manager

Oracle 1Z1-516 Exam Syllabus Topics: