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

This certification is for:

  • Administrators
  • Implementers
  • Business Users

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

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

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Oracle 1Z1-516 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Journal Processing20%- Manage recurring and mass allocation journals
- Create, review, and post journal entries
- Handle journal reversals and approvals
Topic 2: Budgeting, Reporting and Period Close20%- Set up and maintain budgets
- Use summary accounts and balances
- Execute period-end and year-end closing
- Generate financial reports
Topic 3: Multi-Currency and Consolidations15%- Perform consolidations and elimination sets
- Translate and revalue balances
- Define and use multiple currencies
Topic 4: E-Business Essentials20%- Describe E-Business Suite architecture and shared entities
- Understand flexfields and Web ADI
- Explain Multi-Org fundamentals
- Navigate R12 Oracle Applications
Topic 5: Accounting Setup and Security25%- Create and manage chart of accounts
- Define ledgers and ledger sets
- Use Accounting Setup Manager
- Implement data access security

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