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

The following will be discussed here:

• Plan Budget implementation requirements
• Use available Standard budget reports
• Transfer budget amounts
• Financial Budgeting
• Review balances in Master/Detail budgets
• Perform budget review and correction
• Explain the components of budget accounting cycle
• Define budget and budget organization
• Explain Budget Entry methods
• Explain the anatomy of a budget
• Apply Budget Rules
• Translate budget balances
• Create budgets with Budget Wizards

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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• Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
• No. of Questions: 80 Questions
• Passing Score: 60% or higher
• Types of questions: Performance Based Questions
• Examination Fees: $250 USD
• Length of Exam: 150 min

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

The following will be discussed here:

• Describe the basic components of Accounting Setup
• Create eliminating entries
• Use the features and functionality of Global Consolidation System (GCS)
• Accounting Setups
• Perform the Secondary Ledger Setup steps
• Consolidations
• Complete Accounting Setup
• Creating a new Accounting Flexfield structure
• Describe Ledger Balancing Segment Value Assignments
• Describe the various Subledger Accounting Options
• Identify the key implementation issues regarding consolidations
• Describe the important elements for creating a Chart of Accounts structure
• Create Accounting Setups
• Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
• Describe the elements required to create a ledger within Oracle General Ledger
• Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
• Use Standard reports and inquiry options available for consolidations Ledger
• Perform the Primary Ledger Setup steps
• Use the elements of the Consolidation Workbench

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 E-Business Essentials

The following will be discussed here:

• Explain shared entities within R12 E-Business Suite
• E-business Essentials
• Use Forms and Menus
• Run and monitor Reports and Programs
• Identify Key Business Flows and products involved in E-Business Suite (EBS)
• Describe key integration points and business flows between products in E-Business Suite (EBS)
• Choose a responsibility
• Log out of Oracle Applications
• Access online Help
• Create Favorites and set Preferences
• Shared Entities and Integration
• Navigating in R12 Oracle Applications
• Log in to Oracle Applications
• Enter data using Forms
• Search for data using Forms
• Navigate from Personal Home Page to Applications

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Oracle 1Z0-516 Exam Syllabus Topics: