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

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

The following will be discussed here:

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

Certification Path

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.