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

The following will be discussed here:

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

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 AutoScheduling

The following will be discussed here:

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

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Who should take the Oracle Planning 2020 Implementation Essentials 1z0-516

This certification is for:

• Implementers
• Business Users
• Administrators

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.

The Planning Cloud 2020 Certified Implementation Specialist has demonstrated the knowledge and expertise in implementing Enterprise Performance Management and Planning solutions. Individuals with this certification can set up and configure security, set up a Planning business process, and configure the Financials, Workforce, Capital, and Projects modules, and design Reports and Documents.

This certification is available to all candidates.

It's geared toward members of the Oracle Partner Network who are focused on selling and implementing Financial Management modules. The exam targets the intermediate-level implementation team member. Up-to-date training and field experience are recommended.

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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.

Oracle 1Z1-516 Exam Syllabus Topics: