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

Oracle 1Z1-516 test insides dumps
  • Exam Code: 1Z1-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Aug 04, 2026
  • Q & A: 180 Questions and Answers
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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Oracle General Ledger Process

The following will be discussed here:

  • Manage Data Access Sets
  • Describe the integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systems
  • Identify the steps required to complete the accounting cycle using Oracle General Ledger
  • Control security of Management Reporting
  • Oracle General Ledger Process
  • Explain key Advanced Security setups and process
  • Describe an overview of Accounting Setup Manager, currency concepts, budgeting, EPB, reporting & analysis
  • Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
  • Explain implementation considerations for setting up and using Oracle General Ledger and Oracle eBusiness Suite
  • Manage Data Access Security for Legal Entities and Ledgers
  • Advanced Security

How to book the Oracle Planning 2020 Implementation Essentials 1z0-516

You can schedule the exam anytime at Pearson VUE. You can pay directly from a credit card or redeem a voucher purchased from Oracle.

How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs

  • Types of questions: Performance Based Questions
  • Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
  • Passing Score: 60% or higher
  • No. of Questions: 80 Questions
  • Length of Exam: 150 min
  • Examination Fees: $250 USD

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 E-Business Essentials

The following will be discussed here:

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

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Oracle 1Z1-516 Exam Syllabus Topics:

SectionObjectives
Topic 1: Financial Reporting- Reporting Tools
  • 1. Financial Statement Generator (FSG)
    • 2. Ad hoc reporting
      - Standard Reports
      • 1. Trial balance reports
        • 2. Financial statements
          Topic 2: Period Close Process- Month-End Closing
          • 1. Period close activities
            • 2. Adjusting entries
              Topic 3: Account Management- Budgeting
              • 1. Budget creation and maintenance
                • 2. Budgetary control
                  - Account Reconciliation
                  • 1. Clearing accounts
                    • 2. Reconciliation processes
                      Topic 4: General Ledger Setup- Chart of Accounts
                      • 1. Value sets and flexfields
                        • 2. Segment structure design
                          - Ledger Configuration
                          • 1. Accounting calendar definition
                            • 2. Ledger creation and structure setup
                              Topic 5: Journal Processing- Journal Approval and Posting
                              • 1. Posting processes
                                • 2. Approval workflows
                                  - Journal Entry Management
                                  • 1. Recurring journals
                                    • 2. Manual journal entries

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