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Oracle EBS R12.1 General Ledger Essentials : 1Z1-516

1Z1-516
  • Exam Code: 1Z1-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: May 10, 2025
  • Q & A: 180 Questions and Answers
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About Oracle 1Z1-516 Exam

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

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 E-Business Essentials

The following will be discussed here:

  • Use Forms and Menus
  • Navigate from Personal Home Page to Applications
  • Log out of Oracle Applications
  • Log in to Oracle Applications
  • Identify Key Business Flows and products involved in E-Business Suite (EBS)
  • Navigating in R12 Oracle Applications
  • Describe key integration points and business flows between products in E-Business Suite (EBS)
  • Choose a responsibility
  • Search for data using Forms
  • Enter data using Forms
  • Run and monitor Reports and Programs
  • E-business Essentials
  • Shared Entities and Integration
  • Access online Help
  • Explain shared entities within R12 E-Business Suite
  • Create Favorites and set Preferences

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-516

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

The following will be discussed here:

  • Use Budgetary Control & maintain Summary accounts
  • Explain the Period Closing Process and Reports
  • Explain AutoScheduling
  • Describe key issues and considerations when implementing Advanced Journal Entry
  • Define How Parent Values/ Rollup Groups are used in General Ledger
  • Period Close
  • Plan and maintain Summary Account structures
  • Describe the business benefits of using Oracle General Ledger's Advanced Journal Entry functions
  • Explain summary accounts and how they are used in General Ledger
  • Summary Accounts
  • Perform Subledger Reconciliation
  • Explain the accounting cycle
  • Consolidate account balances
  • Perform journal import of subledger balances
  • Describe the Journal Scheduling process
  • Perform key steps in the close process
  • Determine how Summary Templates are used

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Difficulty in Attempting Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516

If the user has successfully passed the 1z0-516 practice exam and has been through 1z0-516 exam dumps then the certification exam will not be too much difficult as the user has shown aptitude for understanding complicated processes.

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