1Z0-516, Oracle Exam Content For E-Business Suite 12

1Z0-516, Oracle E-Business Suite 12: Oracle General Ledger Essential’s exam offers the professionals with the certification they need in order to operate the general ledger essentials with regard to the Oracle e-business suite. In this exam, applicants are given one fifty minutes to complete two main sections in which the twenty questions are from the E-business essentials and sixty questions are from the general ledger, the passing marks for both the sections individually are sixty percent that is necessary to pass.

1Z0-516, Oracle E-Business Suite 12: Oracle General Ledger Essential’s exam syllabus is different for both the sections hence the applicants should refer to the original site; here we have listed the important topics.

Navigating in R12 Oracle Applications covers Log in to Oracle Favorites for data using Forms, Access online Help, Run and monitor Reports and Programs and Log out of Oracle Applications. Introduction to Oracle Applications R12 consists of the footprint of R12 E-Business Suite, the benefits of R12 E-Business Suite and R12 E-Business Suite architecture. Shared Entities and Integration covers shared entities within R12 between products in E-Business Suite (EBS), Key Business Flows and products involved in E-Business Suite (EBS) and Fundamentals of Flexfields in which included is Flexfields and their components, the steps to implement a Flexfield, value sets and values, Key Flexfields and Descriptive Flexfields.

Fundamentals of Multi-Org comprises of Multiple Organization (Multi-Org), the types of organizations supported in the Multi-Org model, the entities of Multi-Org, how Multi-Org secures data, key implementation considerations for Multi-Org, Multi-Org Access Control, Multi-Org preferences, Enhanced Multiple-Organization Reporting and the concepts of subledger accounting. Fundamentals of Workflow and Alerts include Workflow concepts, the benefits of Workflow and General Ledger.

The 1Z0-516, Oracle E-Business Suite 12: Oracle General Ledger Essential second section is Oracle General Ledger Process in which the applicants need to identify the steps required to complete the accounting cycle using Oracle other Oracle eBusiness applications, integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systems, implementation considerations for setting up and using Oracle General Ledger and Oracle eBusiness Suite, overview of Accounting Setup Manager, currency concepts, budgeting, EPB and reporting & analysis.

Basic Journal Entries includes how journal entries are positioned in the accounting cycle, the different Journal Posting options, to perform Account Inquiries & Drilldown to Oracle Subledger GL_INTERFACE table, key elements of Web Applications Desktop Integrator, Web ADI setup options for key flexfields and Web ADI.

Advanced Security consists of Data Access Security for Legal Entities and Ledgers, key Advanced Security setups and process, Manage Data Access Sets and Control security of Management Reporting. Multi-Currency consists of Multi-Currency concepts, Currency Rate Manager, Perform Foreign currency journals Entry, Revaluation of foreign currency, overview of Secondary Tracking Segment and Use Foreign Currency Reports.

Financial Reporting includes 1Z0-516, Oracle E-Business Suite 12: Oracle General Ledger Essentials positioning of Financial Reporting within the Oracle General Ledger business flow, Build basic reports includes the Financial Statement Generator (FSG) for creating financial reports, Standard listing reports available for FSG report definitions, FSG Reports with XML Publisher, Web ADI for Financial Reporting and key implementation issues regarding Oracle General Ledger financial reporting.

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