Oracle 1Z0-516 - Oracle EBS R12.1 General Ledger Essentials

Oracle 1Z0-516 Actual PDF
  • Exam Code: 1Z0-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Oct 10, 2026
  • Q & A: 180 Questions and Answers
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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
  • Describe the benefits of Workflow
  • Describe R12 E-Business Suite architecture
  • Fundamentals of Flexfields
  • Define Web ADI setup options for key flexfields
  • Utilize Web ADI profile options, forms functions, menus, and responsibilities
  • Describe Flexfields and their components
  • Describe the benefits of R12 E-Business Suite
  • Describe how journal entries are positioned in the accounting cycle
  • Define Descriptive Flexfields
  • Introduction to Oracle Applications R12
  • Fundamentals of Workflow and Alerts
  • Identify the steps to implement a Flexfield
  • Explain Workflow concepts
  • Define Key Flexfields
  • Import journal entry information using the GL_INTERFACE table
  • Basic Journal Entries
  • Explain the footprint of R12 E-Business Suite
  • Define value sets and values
  • Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
  • Plan the key elements of Web Applications Desktop Integrator (Web ADI)

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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Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 is a fundamental exam. Successful completion by candidates will allow them to achieve Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger status.

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Oracle 1Z0-516 Exam Syllabus Topics:

SectionObjectives
General Ledger- Financial Reporting
  • 1. Account Analysis and Inquiry
  • 2. General Ledger Reporting
  • 3. Financial Statement Generator
- Journal Processing
  • 1. Journal Entry Creation
  • 2. Mass Allocations
  • 3. Recurring Journals
  • 4. Journal Approval and Posting
- Consolidations
  • 1. Ledger Consolidation Concepts
  • 2. Consolidation Processing
- Advanced Security
  • 1. Data Access Sets
  • 2. Ledger and Legal Entity Security
- Accounting Setups
  • 1. Ledger Configuration
  • 2. Chart of Accounts Structure
  • 3. Accounting Calendar Setup
  • 4. Currency Configuration
- Financial Budgeting
  • 1. Budget Definition and Maintenance
  • 2. Budget Control and Analysis
E-Business Essentials- Introduction to Oracle Applications R12
  • 1. Oracle E-Business Suite Architecture and Navigation
  • 2. E-Business Suite Footprint and Components
- Fundamentals of Flexfields
  • 1. Descriptive Flexfields
  • 2. Key Flexfields
- Shared Entities and Integration
  • 1. Shared Data Model
  • 2. Integration Across Financial Modules
- Fundamentals of Multi-Org
  • 1. Business Group and Operating Unit Concepts
  • 2. Enhanced Multi-Org Access Control

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