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Updated: Sep 06, 2026
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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:
- Access online Help
- Shared Entities and Integration
- Describe key integration points and business flows between products in E-Business Suite (EBS)
- Choose a responsibility
- Create Favorites and set Preferences
- Use Forms and Menus
- Log in to Oracle Applications
- Log out of Oracle Applications
- Enter data using Forms
- Navigating in R12 Oracle Applications
- Explain shared entities within R12 E-Business Suite
- E-business Essentials
- Run and monitor Reports and Programs
- Identify Key Business Flows and products involved in E-Business Suite (EBS)
- Navigate from Personal Home Page to Applications
- Search for data using Forms
Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Accounting Setups
The following will be discussed here:
- Create Accounting Setups
- Accounting Setups
- Create eliminating entries
- Describe the various Subledger Accounting Options
- Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
- Perform the Primary Ledger Setup steps
- Complete Accounting Setup
- Use the features and functionality of Global Consolidation System (GCS)
- Describe the important elements for creating a Chart of Accounts structure
- Use Standard reports and inquiry options available for consolidations Ledger
- Creating a new Accounting Flexfield structure
- Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
- Perform the Secondary Ledger Setup steps
- Identify the key implementation issues regarding consolidations
- Describe the basic components of Accounting Setup
- Describe Ledger Balancing Segment Value Assignments
- Consolidations
- Describe the elements required to create a ledger within Oracle General Ledger
- Use the elements of the Consolidation Workbench
Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Oracle General Ledger Process
The following will be discussed here:
- Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
- Explain key Advanced Security setups and process
- Control security of Management Reporting
- Manage Data Access Security for Legal Entities and Ledgers
- Oracle General Ledger Process
- Manage Data Access Sets
- Identify the steps required to complete the accounting cycle using Oracle General Ledger
- Describe an overview of Accounting Setup Manager, currency concepts, budgeting, EPB, reporting & analysis
- Advanced Security
- Explain implementation considerations for setting up and using Oracle General Ledger and Oracle eBusiness Suite
- Describe the integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systems
Oracle 1Z1-516 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle E-Business Suite R12.1 General Ledger Essentials |
| Exam Number: | 1Z0-516 |
| Exam Duration: | 120 minutes |
| Related Certifications: | Oracle E-Business Suite R12 Financials |
| Exam Format: | Multiple Choice Questions |
| Available Languages: | English |
| Recommended Training: | Oracle E-Business Suite Financials Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | Oracle 1Z1-516 Sample Questions |
| Exam Way: | Computer-based proctored exam (online or test center depending on Oracle testing provider) |
| Pre Condition: | Recommended familiarity with Oracle E-Business Suite Financials and basic accounting principles. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z1-516 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Period Close Process | - Month-End Closing
|
| Journal Processing | - Journal Entry Management
|
| General Ledger Setup | - Ledger Configuration
|
| Financial Reporting | - Standard Reports
|
| Account Management | - Budgeting
|
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