Oracle EBS R12.1 General Ledger Essentials : 1Z1-516

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

This certification is for:

• Administrators
• Business Users
• Implementers

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.

Oracle 1Z1-516 Exam Syllabus Topics:

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

The following will be discussed here:

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

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

The following will be discussed here:

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

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