Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Introduction to Oracle Applications R12
The following will be discussed here:
- Introduction to Oracle Applications R12
- Define Web ADI setup options for key flexfields
- Define Key Flexfields
- Utilize Web ADI profile options, forms functions, menus, and responsibilities
- Fundamentals of Workflow and Alerts
- Describe Flexfields and their components
- Describe the benefits of R12 E-Business Suite
- Plan the key elements of Web Applications Desktop Integrator (Web ADI)
- Describe how journal entries are positioned in the accounting cycle
- Import journal entry information using the GL_INTERFACE table
- Describe R12 E-Business Suite architecture
- Basic Journal Entries
- Identify the steps to implement a Flexfield
- Fundamentals of Flexfields
- Define Descriptive Flexfields
- Explain Workflow concepts
- Describe the different Journal Posting options
- Describe the benefits of Workflow
- Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
- Explain the footprint of R12 E-Business Suite
- Define value sets and values
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Who should take the Oracle Planning 2020 Implementation Essentials 1z0-516
This certification is for:
- Business Users
- Implementers
- 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.
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How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs
- Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
- Length of Exam: 150 min
- Passing Score: 60% or higher
- No. of Questions: 80 Questions
- Examination Fees: $250 USD
- Types of questions: Performance Based Questions
Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Fundamentals of Multi-Org
The following will be discussed here:
- Explain the entities of Multi-Org
- Fundamentals of Multi-Org
- Describe the types of organizations supported in the Multi-Org model
- Explain Multi-Org preferences
- Define Multi-Org Access Control
- Define Multiple Organization (Multi-Org)
- Explain how Multi-Org secures data
- Explain the concepts of subledger accounting
- Explain Enhanced Multiple-Organization Reporting
- Identify key implementation considerations for Multi-Org
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Oracle 1Z1-516 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| E-Business Essentials | 20% | - Explain Multi-Org fundamentals - Understand flexfields and Web ADI - Navigate R12 Oracle Applications - Describe E-Business Suite architecture and shared entities |
| Journal Processing | 20% | - Create, review, and post journal entries - Manage recurring and mass allocation journals - Handle journal reversals and approvals |
| Multi-Currency and Consolidations | 15% | - Define and use multiple currencies - Perform consolidations and elimination sets - Translate and revalue balances |
| Budgeting, Reporting and Period Close | 20% | - Use summary accounts and balances - Generate financial reports - Execute period-end and year-end closing - Set up and maintain budgets |
| Accounting Setup and Security | 25% | - Create and manage chart of accounts - Use Accounting Setup Manager - Implement data access security - Define ledgers and ledger sets |




