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Oracle 1Z0-516 Exam Syllabus

Oracle 1Z0-516 Exam

Oracle E-Business Suite R12.1 General Ledger Essentials

Total Questions: 180

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Oracle 1Z0-516 Exam Overview :

Exam Name Oracle E-Business Suite R12.1 General Ledger Essentials
Exam Code 1Z0-516
Actual Exam Duration 150 minutes
Expected no. of Questions in Actual Exam 80
Exam Registration Price $250
Official Information https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-516
See Expected Questions Oracle 1Z0-516 Expected Questions in Actual Exam
Take Self-Assessment Use Oracle 1Z0-516 Practice Test to Assess your preparation - Save Time and Reduce Chances of Failure

Oracle 1Z0-516 Exam Topics :

Section Weight Objectives
Navigating in R12 Oracle Applications
  •     Log in to Oracle Applications
  •     Navigate from Personal Home Page to Applications
  •     Choose a responsibility
  •     Create Favorites and set Preferences
  •     Use Forms and Menus
  •     Enter data using Forms
  •     Search for data using Forms
  •     Access online Help
  •     Run and monitor Reports and Programs
  •     Log out of Oracle Applications
Introduction to Oracle Applications R12
  •     Explain the footprint of R12 E-Business Suite
  •     Describe the benefits of R12 E-Business Suite
  •     Describe R12 E-Business Suite architecture
Shared Entities and Integration
  •     Explain shared entities within R12 E-Business Suite
  •     Describe key integration points and business flows between products in E-Business Suite (EBS)
  •     Identify Key Business Flows and products involved in E-Business Suite (EBS)
Fundamentals of Flexfields
  •     Describe Flexfields and their components
  •     Identify the steps to implement a Flexfield
  •     Define value sets and values
  •     Define Key Flexfields
  •     Define Descriptive Flexfields
Fundamentals of Multi-Org
  •     Define Multiple Organization (Multi-Org)
  •     Describe the types of organizations supported in the Multi-Org model
  •     Explain the entities of Multi-Org
  •     Explain how Multi-Org secures data
  •     Identify key implementation considerations for Multi-Org
  •     Define Multi-Org Access Control
  •     Explain Multi-Org preferences
  •     Explain Enhanced Multiple-Organization Reporting
  •     Explain the concepts of subledger accounting
Fundamentals of Workflow and Alerts
  •     Explain Workflow concepts
  •     Describe the benefits of Workflow
Oracle General Ledger Process
  •     Identify the steps required to complete the accounting cycle using Oracle General Ledger
  •     Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
  •     Describe the integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systems
  •     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
Basic Journal Entries
  •     Describe how journal entries are positioned in the accounting cycle
  •     Describe the different Journal Posting options
  •     Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
  •     Import journal entry information using the GL_INTERFACE table
  •     Plan the key elements of Web Applications Desktop Integrator (Web ADI)
  •     Define Web ADI setup options for key flexfields
  •     Utilize Web ADI profile options, forms functions, menus, and responsibilities
Advanced Security
  •     Manage Data Access Security for Legal Entities and Ledgers
  •     Explain key Advanced Security setups and process
  •     Manage Data Access Sets
  •     Control security of Management Reporting
Multi-Currency
  •     Explain Multi-Currency concepts
  •     Use Currency Rate Manager
  •     Perform Foreign currency journals Entry
  •     Perform Revaluation of foreign currency balances
  •     Translate functional balances into foreign currency
  •     Describe overview of Secondary Tracking Segment
  •     Use Foreign Currency Reports
Financial Reporting
  •     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
  •     Use Standard listing reports available for FSG report definitions
  •     Create FSG Reports with XML Publisher
  •     Use Web ADI for Financial Reporting
  •     Explain key implementation issues regarding Oracle General Ledger financial reporting
Accounting Setup Manager
  •     Describe the components of Ledger Processing options
  •     Describe Secondary Ledgers & Reporting Currencies
  •     Describe Accounting Setup considerations with one legal entity
  •     Describe Accounting Setup considerations with multiple legal entities
  •     Describe Accounting Setup considerations with no legal entities
Accounting Setups
  •     Create Accounting Setups
  •     Describe the various Subledger Accounting Options
  •     Perform the Primary Ledger Setup steps
  •     Describe Ledger Balancing Segment Value Assignments
  •     Perform the Secondary Ledger Setup steps
  •     Complete Accounting Setup
Advanced Journal Entries
  •     Create Recurring Journals
  •     Formulate Mass Allocation Journals
  •     Describe AutoAllocations and related implementation considerations
  •     Explain AutoScheduling
  •     Describe the Journal Scheduling process
  •     Describe key issues and considerations when implementing Advanced Journal Entry
  •     Describe the business benefits of using Oracle General Ledger's Advanced Journal Entry functions
Consolidations
  •     Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
  •     Identify the key implementation issues regarding consolidations
  •     Use the features and functionality of Global Consolidation System (GCS)
  •     Use the elements of the Consolidation Workbench
  •     Create eliminating entries
  •     Use Standard reports and inquiry options available for consolidations Ledger  
  •     Describe the elements required to create a ledger within Oracle General Ledger
  •     Describe the basic components of Accounting Setup
  •     Describe the important elements for creating a Chart of Accounts structure
  •     Creating a new Accounting Flexfield structure
  •     Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
Summary Accounts
  •     Explain summary accounts and how they are used in General Ledger
  •     Define How Parent Values/ Rollup Groups are used in General Ledger
  •     Determine how Summary Templates are used
  •     Use Budgetary Control & maintain Summary accounts
  •     Plan and maintain Summary Account structures
Financial Budgeting
  •     Explain the anatomy of a budget
  •     Explain the components of budget accounting cycle
  •     Define budget and budget organization
  •     Explain Budget Entry methods
  •     Apply Budget Rules
  •     Transfer budget amounts
  •     Perform budget review and correction
  •     Translate budget balances
  •     Review balances in Master/Detail budgets
  •     Create budgets with Budget Wizards
  •     Use available Standard budget reports
  •     Plan Budget implementation requirements
Period Close
  •     Explain the accounting cycle
  •     Perform key steps in the close process
  •     Perform journal import of subledger balances
  •     Perform Subledger Reconciliation
  •     Explain the Period Closing Process and Reports
  •     Consolidate account balances

Updates in the Oracle 1Z0-516 Exam Syllabus:

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