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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Accounting Setup Manager

The following will be discussed here:

• Advanced Journal Entries
• Describe AutoAllocations and related implementation considerations
• Describe the components of Ledger Processing options
• Describe Secondary Ledgers & Reporting Currencies
• Accounting Setup Manager
• Describe Accounting Setup considerations with no legal entities
• Formulate Mass Allocation Journals
• Create Recurring Journals
• Describe Accounting Setup considerations with multiple legal entities
• Describe Accounting Setup considerations with one legal entity

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Average Salary of Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516Certified Professionals

The average salary:

• England - 75,267 POUND
• Europe - 100,440 EURO
• India - 6,71,117 INR
• United State - 151,682 USD

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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How to Prepare For Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516

Preparation Guide for Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516

Introduction

The Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger certification will help you build a functional foundation in E-Business Essentials. Certify your ability to access and navigate the R12 E-Business Suite, enter data, retrieve information in the form of a query and access online help to give yourself an edge against other candidates in the job market.

You will also develop a deeper understanding of Oracle General Ledger. Building these skills will allow you to perform simultaneous accounting for multiple reporting requirements and access and process data for multiple ledgers and legal entities at the same time. This is done using the power of ledger sets. OPN Members earning this certification will be recognized as OPN Certified Specialists, which helps their companies qualify for the Oracle E-Business Suite Financial Management Specialization.

This certification is for:

• Administrators
• Business Users
• Implementers

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Oracle General Ledger Process

The following will be discussed here:

• Manage Data Access Sets
• Describe an overview of Accounting Setup Manager, currency concepts, budgeting, EPB, reporting & analysis
• Identify the steps required to complete the accounting cycle using Oracle General Ledger
• Explain key Advanced Security setups and process
• Oracle General Ledger Process
• Describe the integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systems
• Advanced Security
• Manage Data Access Security for Legal Entities and Ledgers
• Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
• Explain implementation considerations for setting up and using Oracle General Ledger and Oracle eBusiness Suite
• Control security of Management Reporting

Oracle 1Z0-516 Exam Syllabus Topics: