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

Oracle 1Z1-516 test insides dumps
  • Exam Code: 1Z1-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Sep 29, 2026
  • Q & A: 180 Questions and Answers
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About Oracle EBS R12.1 General Ledger Essentials : 1Z1-516 exam dumps

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

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Oracle 1Z1-516 Exam Syllabus Topics:
SectionObjectives
E-Business Essentials- Shared Entities and Integration
  • 1. Shared Data Model
  • 2. Integration Across Financial Modules
- Introduction to Oracle Applications R12
  • 1. Oracle E-Business Suite Architecture and Navigation
  • 2. E-Business Suite Footprint and Components
- Fundamentals of Multi-Org
  • 1. Business Group and Operating Unit Concepts
  • 2. Enhanced Multi-Org Access Control
- Fundamentals of Flexfields
  • 1. Descriptive Flexfields
  • 2. Key Flexfields
General Ledger- Financial Reporting
  • 1. General Ledger Reporting
  • 2. Account Analysis and Inquiry
  • 3. Financial Statement Generator
- Journal Processing
  • 1. Recurring Journals
  • 2. Journal Entry Creation
  • 3. Journal Approval and Posting
  • 4. Mass Allocations
- Consolidations
  • 1. Consolidation Processing
  • 2. Ledger Consolidation Concepts
- Advanced Security
  • 1. Data Access Sets
  • 2. Ledger and Legal Entity Security
- Accounting Setups
  • 1. Ledger Configuration
  • 2. Chart of Accounts Structure
  • 3. Currency Configuration
  • 4. Accounting Calendar Setup
- Financial Budgeting
  • 1. Budget Control and Analysis
  • 2. Budget Definition and Maintenance

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