Difficulty in Attempting Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516

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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:

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

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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:

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

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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