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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.

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 Financial Budgeting

The following will be discussed here:

• Plan Budget implementation requirements
• Explain the components of budget accounting cycle
• Use available Standard budget reports
• Create budgets with Budget Wizards
• Review balances in Master/Detail budgets
• Define budget and budget organization
• Explain Budget Entry methods
• Apply Budget Rules
• Explain the anatomy of a budget
• Perform budget review and correction
• Translate budget balances
• Transfer budget amounts
• Financial Budgeting

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

The following will be discussed here:

• Use Web ADI for Financial Reporting
• Explain the positioning of Financial Reporting within the Oracle General Ledger business flow
• Build basic reports
• Create FSG Reports with XML Publisher
• Financial Reporting
• Use Standard listing reports available for FSG report definitions
• Explain key implementation issues regarding Oracle General Ledger financial reporting
• Use key elements of the Financial Statement Generator (FSG) for creating financial reports

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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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Oracle 1Z1-516 Exam Syllabus Topics: