1Z0-516:Top Oracle Certification for Oracle E-Business Suite 12: Oracle General Ledger Essentials

Exam Information:

The 1Z0-516 Examination is for Oracle E-Business Suite 12: Oracle General Ledger Essentials certification that contains total 80 numbers of queries in two sections that are 20 or E-Business essentials and 60 of General Edger. The time permitted to complete the examination is 150 minutes. In order to achieve the 1Z0-516 Certification, candidates need to score minimum 60 percent in the exam.

Topics Covered:

Following are the topics covered in the examination in two sections and it contains some additional topics as well.

1. E-Business Essentials

• Navigating in R12 Oracle Applications

a. Log out of Oracle Applications

b. Run and monitor Reports and Programs

c. Access online Help

d. Search for data by use of Forms

e. Enter data by use of Forms

f. Utilize Menus and Forms

g. Generate Favorites and set Preferences

h. Select a accountability

i. Navigate between Personal Home Page to Applications

j. Log in to Oracle Applications

• Introduction to Oracle Applications R12
• Introduction to Oracle Applications R12
• Fundamentals of Flex fields

a. Explain Descriptive Flexfields

b. Explain Key Flexfields

c. Explain value sets and values

d. Recognize the steps to execute a Flexfields

e. Explain Flexfields and their mechanism

• Fundamentals of Multi-Org

a. Describe the concepts of sub ledger accounting

b. Describe Enhanced Multiple-Organization Reporting

c. Describe Multi-Org preferences

d. Describe Multi-Org Access Control

e. Recognize key execution deliberation for Multi-Org

f. Describe how Multi-Org secures data

g. Describe the entities of Multi-Org

h. Explain the kinds of organizations supported in the Multi-Org model

i. Describe Multiple Organization (Multi-Org)

• Fundamentals of Workflow and Alerts

a. Explain the benefits of Workflow

b. Describe Workflow concepts

2. General Ledger

• Oracle General Ledger Process
• Basic Journal Entries
• Advanced Security

a. Manage security of Management Reporting

b. Handle Data Access Sets

c. Explain key Advanced Security process and setups

d. Handle Data Access Security for Legal Ledgers and Entities

• Multi-Currency
• Financial Reporting
• Accounting Setup Manager
• Accounting Setups

a. Absolute Accounting Setup

b. Execute the Secondary Ledger Setup steps

c. Explain Ledger Balancing Section Importance Assignments

d. Execute the Primary Ledger Setup steps

e. Describe the various Sub ledger Accounting Options

f. Generate Accounting Setups

• Advanced Journal Entries

a. Explain the Journal Scheduling process

b. Describe Auto Scheduling

c. Explain Auto Allocations and related implementation considerations

d. Formulate Mass Allocation Journals

e. Generate Recurring Journals

• Consolidations
• Ledger
• Summary Accounts
• Financial Budgeting
• Period Close

a. Combine account balances

b. Describe the Period Closing Process and Reports

c. Execute Sub ledger Reconciliation

d. Execute journal import of sub ledger balances

e. Execute key steps in the close process

f. Describe the accounting cycle

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