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

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Introduction to Oracle Applications R12

The following will be discussed here:

• Fundamentals of Workflow and Alerts
• Describe R12 E-Business Suite architecture
• Describe the benefits of R12 E-Business Suite
• Describe the different Journal Posting options
• Basic Journal Entries
• Define value sets and values
• Describe the benefits of Workflow
• Plan the key elements of Web Applications Desktop Integrator (Web ADI)
• Explain Workflow concepts
• Introduction to Oracle Applications R12
• Import journal entry information using the GL_INTERFACE table
• Describe how journal entries are positioned in the accounting cycle
• Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
• Identify the steps to implement a Flexfield
• Utilize Web ADI profile options, forms functions, menus, and responsibilities
• Describe Flexfields and their components
• Define Web ADI setup options for key flexfields
• Fundamentals of Flexfields
• Define Descriptive Flexfields
• Define Key Flexfields
• Explain the footprint of R12 E-Business Suite

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Oracle General Ledger Process

The following will be discussed here:

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

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

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

Oracle 1Z0-516 Exam Syllabus Topics: