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

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

The following will be discussed here:

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

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

The following will be discussed here:

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

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

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

The following will be discussed here:

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

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