1Z0-516 – Oracle EBS R12.1 General Ledger Essentials Exam | It Certification Online Course by Udemy

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1Z0-516 – Oracle EBS R12.1 General Ledger Essentials Exam

In this course, you will get 3 Full Length Practice Exams with 178 Unique Questions from “1Z0-516 – Oracle EBS R12.1 General Ledger Essentials Exam” covering all the topics for the 1Z0-516 Exam. Updated to latest questions on November 2020.What do you get in this course?3 Full-length mock tests with 60 Unique Questions in each practice test. Reliable exam reports to evaluate strengths and weaknesses180+ Latest Questions with 100% verified answersQuestions are frequently reviewed and updated frequently. Practice tests are created by Subject Matter Experts and the questions always stay current with the actual exam. Official Certification Overview: Exam Title: Oracle E-Business Suite R12.1 General Ledger EssentialsExam Number: 1Z0-516Format: Multiple ChoiceDuration: 150 minutesNumber of Questions: 80 for both sections combinedPassing Score: E-business Essentials – 60% General Ledger – 60%Validated Against: This exam is valid for Oracle E-Business Suite 12 and 12.1Syllabus of the Exam: E-BUSINESS ESSENTIALSNavigating in R12 Oracle ApplicationsLog in to Oracle ApplicationsNavigate from Personal Home Page to ApplicationsChoose a responsibilityCreate Favorites and set PreferencesUse Forms and MenusEnter data using FormsSearch for data using FormsAccess online HelpRun and monitor Reports and ProgramsLog out of Oracle ApplicationsShared Entities and IntegrationExplain shared entities within R12 E-Business SuiteDescribe 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 Multi-OrgDefine Multiple Organization (Multi-Org)Describe the types of organizations supported in the Multi-Org modelExplain the entities of Multi-OrgExplain how Multi-Org secures dataIdentify key implementation considerations for Multi-OrgDefine Multi-Org Access ControlExplain Multi-Org preferencesExplain Enhanced Multiple-Organization ReportingExplain the concepts of subledger accountingGENERAL LEDGEROracle General Ledger ProcessIdentify the steps required to complete the accounting cycle using Oracle General LedgerDescribe how Oracle General Ledger integrates with other Oracle eBusiness applicationsDescribe the integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systemsExplain implementation considerations for setting up and using Oracle General Ledger and Oracle eBusiness SuiteDescribe an overview of Accounting Setup Manager, currency concepts, budgeting, EPB, reporting & analysisAdvanced SecurityManage Data Access Security for Legal Entities and LedgersExplain key Advanced Security setups and processManage Data Access SetsControl security of Management ReportingFinancial ReportingExplain the positioning of Financial Reporting within the Oracle General Ledger business flowBuild basic reportsUse key elements of the Financial Statement Generator (FSG) for creating financial reportsUse Standard listing reports available for FSG report definitionsCreate FSG Reports with XML PublisherUse Web ADI for Financial ReportingExplain key implementation issues regarding Oracle General Ledger financial reportingAccounting SetupsCreate Accounting SetupsDescribe the various Subledger Accounting OptionsPerform the Primary Ledger Setup stepsDescribe Ledger Balancing Segment Value AssignmentsPerform the Secondary Ledger Setup stepsComplete Accounting SetupConsolidationsExplain overview of Consolidations and their positioning within the Oracle General Ledger business flowIdentify the key implementation issues regarding consolidationsUse the features and functionality of Global Consolidation System (GCS)Use the elements of the Consolidation WorkbenchCreate eliminating entriesUse Standard reports and inquiry options available for consolidations LedgerDescribe the elements required to create a ledger within Oracle General LedgerDescribe the basic components of Accounting SetupDescribe the important elements for creating a Chart of Accounts structureCreating a new Accounting Flexfield structureUtilize the Account Hierarchy Manager to view and maintain Accounting Flexfield valuesFinancial BudgetingExplain the anatomy of a budgetExplain the components of budget accounting cycleDefine budget and budget organizationExplain Budget Entry methodsApply Budget RulesTransfer budget amountsPerform budget review and correctionTranslate budget balancesReview balances in Master/Detail budgetsCreate budgets with Budget WizardsUse available Standard budget reportsPlan Budget implementation requirementsIntroduction to Oracle Applications R12Explain the footprint of R12 E-Business SuiteDescribe the benefits of R12 E-Business SuiteDescribe R12 E-Business Suite architectureFundamentals of FlexfieldsDescribe Flexfields and their componentsIdentify the steps to implement a FlexfieldDefine value sets and valuesDefine Key FlexfieldsDefine Descriptive FlexfieldsFundamentals of Workflow and AlertsExplain Workflow conceptsDescribe the benefits of WorkflowBasic Journal EntriesDescribe how journal entries are positioned in the a

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