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Oracle 1Z0-516 still valid dumps - in .pdf Free Demo

  • Exam Code: 1Z0-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Last Updated: Jul 26, 2026
  • Q & A: 180 Questions and Answers
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  • Exam Code: 1Z0-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Last Updated: Jul 26, 2026
  • Q & A: 180 Questions and Answers
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About Oracle EBS R12.1 General Ledger Essentials : 1Z0-516 still valid exam

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Accounting Setup Manager

The following will be discussed here:

  • Describe AutoAllocations and related implementation considerations
  • Create Recurring Journals
  • Describe Accounting Setup considerations with multiple legal entities
  • Describe Accounting Setup considerations with one legal entity
  • Describe the components of Ledger Processing options
  • Accounting Setup Manager
  • Formulate Mass Allocation Journals
  • Describe Secondary Ledgers & Reporting Currencies
  • Advanced Journal Entries
  • Describe Accounting Setup considerations with no legal entities

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:

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

Oracle 1Z0-516 Exam Syllabus Topics:

SectionObjectives
Topic 1: Period Close Process- Month-End Closing
  • 1. Period close activities
    • 2. Adjusting entries
      Topic 2: Journal Processing- Journal Entry Management
      • 1. Recurring journals
        • 2. Manual journal entries
          - Journal Approval and Posting
          • 1. Approval workflows
            • 2. Posting processes
              Topic 3: Account Management- Account Reconciliation
              • 1. Clearing accounts
                • 2. Reconciliation processes
                  - Budgeting
                  • 1. Budget creation and maintenance
                    • 2. Budgetary control
                      Topic 4: General Ledger Setup- Chart of Accounts
                      • 1. Value sets and flexfields
                        • 2. Segment structure design
                          - Ledger Configuration
                          • 1. Accounting calendar definition
                            • 2. Ledger creation and structure setup
                              Topic 5: Financial Reporting- Standard Reports
                              • 1. Financial statements
                                • 2. Trial balance reports
                                  - Reporting Tools
                                  • 1. Financial Statement Generator (FSG)
                                    • 2. Ad hoc reporting

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