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Oracle 1Z1-516 : Oracle EBS R12.1 General Ledger Essentials

1Z1-516 real exams

Exam Code: 1Z1-516

Exam Name: Oracle EBS R12.1 General Ledger Essentials

Updated: Aug 07, 2026

Q & A: 180 Questions and Answers

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1Z1-516 exam dumps

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

The following will be discussed here:

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

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

This certification is for:

  • Business Users
  • Implementers
  • 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.

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 Fundamentals of Multi-Org

The following will be discussed here:

  • Explain the entities of Multi-Org
  • Explain Enhanced Multiple-Organization Reporting
  • Define Multi-Org Access Control
  • Identify key implementation considerations for Multi-Org
  • Explain the concepts of subledger accounting
  • Describe the types of organizations supported in the Multi-Org model
  • Fundamentals of Multi-Org
  • Define Multiple Organization (Multi-Org)
  • Explain how Multi-Org secures data
  • Explain Multi-Org preferences

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:

  • Business Users
  • Implementers
  • Administrators

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Oracle 1Z1-516 Exam Syllabus Topics:

SectionWeightObjectives
E-Business Essentials20%- Navigate R12 Oracle Applications
- Explain Multi-Org fundamentals
- Describe E-Business Suite architecture and shared entities
- Understand flexfields and Web ADI
Multi-Currency and Consolidations15%- Translate and revalue balances
- Define and use multiple currencies
- Perform consolidations and elimination sets
Budgeting, Reporting and Period Close20%- Execute period-end and year-end closing
- Generate financial reports
- Use summary accounts and balances
- Set up and maintain budgets
Accounting Setup and Security25%- Create and manage chart of accounts
- Define ledgers and ledger sets
- Implement data access security
- Use Accounting Setup Manager
Journal Processing20%- Handle journal reversals and approvals
- Create, review, and post journal entries
- Manage recurring and mass allocation journals

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