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

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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:

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

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Accounting Setups

The following will be discussed here:

• Create Accounting Setups
• Create eliminating entries
• Use the features and functionality of Global Consolidation System (GCS)
• Accounting Setups
• Describe the important elements for creating a Chart of Accounts structure
• Identify the key implementation issues regarding consolidations
• Describe the basic components of Accounting Setup
• Creating a new Accounting Flexfield structure
• Consolidations
• Perform the Secondary Ledger Setup steps
• Describe the elements required to create a ledger within Oracle General Ledger
• Describe Ledger Balancing Segment Value Assignments
• Perform the Primary Ledger Setup steps
• Use the elements of the Consolidation Workbench
• Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
• Complete Accounting Setup
• Use Standard reports and inquiry options available for consolidations Ledger
• Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
• Describe the various Subledger Accounting Options

Average Salary of Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516Certified Professionals

The average salary:

• England - 75,267 POUND
• India - 6,71,117 INR
• Europe - 100,440 EURO
• United State - 151,682 USD

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

Oracle 1Z1-516 Exam Syllabus Topics: