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

The following will be discussed here:

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

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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:

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

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

The following will be discussed here:

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

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

Preparation Guide for Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516

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:

• Implementers
• Administrators
• Business Users

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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