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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 Flexfields
- Define value sets and values
- Describe the benefits of R12 E-Business Suite
- Plan the key elements of Web Applications Desktop Integrator (Web ADI)
- Introduction to Oracle Applications R12
- Define Descriptive Flexfields
- Describe R12 E-Business Suite architecture
- Import journal entry information using the GL_INTERFACE table
- Describe how journal entries are positioned in the accounting cycle
- Define Key Flexfields
- Describe the different Journal Posting options
- Utilize Web ADI profile options, forms functions, menus, and responsibilities
- Describe Flexfields and their components
- Identify the steps to implement a Flexfield
- Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
- Describe the benefits of Workflow
- Explain the footprint of R12 E-Business Suite
- Fundamentals of Workflow and Alerts
- Define Web ADI setup options for key flexfields
- Explain Workflow concepts
- Basic Journal Entries
Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Accounting Setup Manager
The following will be discussed here:
- Describe AutoAllocations and related implementation considerations
- Accounting Setup Manager
- Create Recurring Journals
- Advanced Journal Entries
- Formulate Mass Allocation Journals
- Describe Accounting Setup considerations with multiple legal entities
- Describe Accounting Setup considerations with one legal entity
- Describe Secondary Ledgers & Reporting Currencies
- Describe Accounting Setup considerations with no legal entities
- Describe the components of Ledger Processing options
Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Oracle General Ledger Process
The following will be discussed here:
- Advanced Security
- Explain implementation considerations for setting up and using Oracle General Ledger and Oracle eBusiness Suite
- Explain key Advanced Security setups and process
- Manage Data Access Sets
- Describe the integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systems
- Describe an overview of Accounting Setup Manager, currency concepts, budgeting, EPB, reporting & analysis
- Oracle General Ledger Process
- Identify the steps required to complete the accounting cycle using Oracle General Ledger
- Manage Data Access Security for Legal Entities and Ledgers
- Control security of Management Reporting
- Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Multi-Currency
The following will be discussed here:
- Translate functional balances into foreign currency
- Describe overview of Secondary Tracking Segment
- Use Currency Rate Manager
- Explain Multi-Currency concepts
- Perform Foreign currency journals Entry
- Use Foreign Currency Reports
- Perform Revaluation of foreign currency balances
- Multi-Currency
Oracle 1Z1-516 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: General Ledger | - Advanced Security
|
| Topic 2: E-Business Essentials | - Fundamentals of Multi-Org
|







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