About Oracle EBS R12.1 General Ledger Essentials exam torrent

What is Implementation Essentials 1z0-516 Certification Exam and Retake policy

Oracle Cloud Certification credentials are valid for a period of 18 months from the date you earn the credential. The credential will become inactive at the end of 18 months. Oracle requires candidates to hold an active credential in order to access certain certification benefits including, without limitation, use of Oracle certification logos, e-Certificates, score reports, digital badges and certification verification.

All the candidates must wait 14 days before retaking a failed proctored exam. (Registration will be allowed on the 14th day). Candidates may not retake a passed exam at any time and may not retake a beta exam at any time. Also, candidates are only allowed 4 attempts to pass an exam in a 12-month period.

Get a sound understanding of Oracle E-Business Suite, including navigation, key business flows, functionality, and integration points between products. Smoothly implement and start using the applications, so that your organization can quickly realize the full value of Oracle E-Business Suite.

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

The following will be discussed here:

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

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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.

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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