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How to Prepare For Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516

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Introduction

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.

This certification is for:

• Administrators
• Implementers
• Business Users

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

The following will be discussed here:

• Create Recurring Journals
• Describe Accounting Setup considerations with one legal entity
• Describe Accounting Setup considerations with no legal entities
• Describe Accounting Setup considerations with multiple legal entities
• Advanced Journal Entries
• Describe Secondary Ledgers & Reporting Currencies
• Describe AutoAllocations and related implementation considerations
• Accounting Setup Manager
• Describe the components of Ledger Processing options
• Formulate Mass Allocation Journals

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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