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

1Z0-516 actual test
  • Exam Code: 1Z0-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Aug 08, 2026
  • Q & A: 180 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

About Oracle EBS R12.1 General Ledger Essentials : 1Z0-516 Exam

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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:

  • Use Currency Rate Manager
  • Perform Foreign currency journals Entry
  • Translate functional balances into foreign currency
  • Describe overview of Secondary Tracking Segment
  • Perform Revaluation of foreign currency balances
  • Explain Multi-Currency concepts
  • Multi-Currency
  • Use Foreign Currency Reports

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

The following will be discussed here:

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

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

Oracle 1Z0-516 Exam Syllabus Topics:

SectionObjectives
Period Close Process- Month-End Closing
  • 1. Period close activities
    • 2. Adjusting entries
      Financial Reporting- Standard Reports
      • 1. Financial statements
        • 2. Trial balance reports
          - Reporting Tools
          • 1. Ad hoc reporting
            • 2. Financial Statement Generator (FSG)
              General Ledger Setup- Ledger Configuration
              • 1. Accounting calendar definition
                • 2. Ledger creation and structure setup
                  - Chart of Accounts
                  • 1. Segment structure design
                    • 2. Value sets and flexfields
                      Journal Processing- Journal Approval and Posting
                      • 1. Approval workflows
                        • 2. Posting processes
                          - Journal Entry Management
                          • 1. Manual journal entries
                            • 2. Recurring journals
                              Account Management- Budgeting
                              • 1. Budget creation and maintenance
                                • 2. Budgetary control
                                  - Account Reconciliation
                                  • 1. Reconciliation processes
                                    • 2. Clearing accounts

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