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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Oracle General Ledger Process
The following will be discussed here:
- Control security of Management Reporting
- Describe the integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systems
- Manage Data Access Sets
- Describe an overview of Accounting Setup Manager, currency concepts, budgeting, EPB, reporting & analysis
- Identify the steps required to complete the accounting cycle using Oracle General Ledger
- Explain implementation considerations for setting up and using Oracle General Ledger and Oracle eBusiness Suite
- Manage Data Access Security for Legal Entities and Ledgers
- Explain key Advanced Security setups and process
- Advanced Security
- Oracle General Ledger Process
- Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Multi-Currency
The following will be discussed here:
- Describe overview of Secondary Tracking Segment
- Use Currency Rate Manager
- Perform Foreign currency journals Entry
- Translate functional balances into foreign currency
- Perform Revaluation of foreign currency balances
- Explain Multi-Currency concepts
- Multi-Currency
- Use Foreign Currency Reports
How to book the Oracle Planning 2020 Implementation Essentials 1z0-516
You can schedule the exam anytime at Pearson VUE. You can pay directly from a credit card or redeem a voucher purchased from Oracle.
Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Financial Budgeting
The following will be discussed here:
- Translate budget balances
- Explain Budget Entry methods
- Explain the anatomy of a budget
- Plan Budget implementation requirements
- Explain the components of budget accounting cycle
- Apply Budget Rules
- Transfer budget amounts
- Perform budget review and correction
- Create budgets with Budget Wizards
- Use available Standard budget reports
- Define budget and budget organization
- Financial Budgeting
- Review balances in Master/Detail budgets
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Oracle 1Z0-516 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Budgeting, Reporting and Period Close | 20% | - Set up and maintain budgets - Execute period-end and year-end closing - Use summary accounts and balances - Generate financial reports |
| Accounting Setup and Security | 25% | - Use Accounting Setup Manager - Define ledgers and ledger sets - Implement data access security - Create and manage chart of accounts |
| Journal Processing | 20% | - Manage recurring and mass allocation journals - Create, review, and post journal entries - Handle journal reversals and approvals |
| Multi-Currency and Consolidations | 15% | - Perform consolidations and elimination sets - Translate and revalue balances - Define and use multiple currencies |
| E-Business Essentials | 20% | - Understand flexfields and Web ADI - Navigate R12 Oracle Applications - Explain Multi-Org fundamentals - Describe E-Business Suite architecture and shared entities |
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