Oracle 1Z0-516 pass test : Oracle EBS R12.1 General Ledger Essentials

Who should take the Oracle Planning 2020 Implementation Essentials 1z0-516

This certification is for:

• Business Users
• Implementers
• Administrators

The Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger certification will help you build a functional foundation in E-Business Essentials. Certify your ability to access and navigate the R12 E-Business Suite, enter data, retrieve information in the form of a query and access online help to give yourself an edge against other candidates in the job market.

You will also develop a deeper understanding of Oracle General Ledger. Building these skills will allow you to perform simultaneous accounting for multiple reporting requirements and access and process data for multiple ledgers and legal entities at the same time. This is done using the power of ledger sets. OPN Members earning this certification will be recognized as OPN Certified Specialists, which helps their companies qualify for the Oracle E-Business Suite Financial Management Specialization.

The Planning Cloud 2020 Certified Implementation Specialist has demonstrated the knowledge and expertise in implementing Enterprise Performance Management and Planning solutions. Individuals with this certification can set up and configure security, set up a Planning business process, and configure the Financials, Workforce, Capital, and Projects modules, and design Reports and Documents.

This certification is available to all candidates.

It's geared toward members of the Oracle Partner Network who are focused on selling and implementing Financial Management modules. The exam targets the intermediate-level implementation team member. Up-to-date training and field experience are recommended.

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-516

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Multi-Currency

The following will be discussed here:

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

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Fundamentals of Multi-Org

The following will be discussed here:

• Identify key implementation considerations for Multi-Org
• Define Multiple Organization (Multi-Org)
• Explain the concepts of subledger accounting
• Fundamentals of Multi-Org
• Explain how Multi-Org secures data
• Explain the entities of Multi-Org
• Define Multi-Org Access Control
• Describe the types of organizations supported in the Multi-Org model
• Explain Enhanced Multiple-Organization Reporting
• Explain Multi-Org preferences

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

The following will be discussed here:

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

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