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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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Oracle 1Z0-516 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
  • Create Favorites and set Preferences
Topic 2
  • Describe the types of organizations supported in the Multi-Org model
  • Explain the concepts of subledger accounting
Topic 3
  • Manage Data Access Security for Legal Entities and Ledgers
  • Describe the important elements for creating a Chart of Accounts structure
Topic 4
  • Identify key implementation considerations for Multi-Org
  • Identify Key Business Flows and products involved in E-Business Suite (EBS)
Topic 5
  • Describe how journal entries are positioned in the accounting cycle
  • Translate functional balances into foreign currency
Topic 6
  • Describe the elements required to create a ledger within Oracle General Ledger
  • Navigate from Personal Home Page to Applications
Topic 7
  • Define Web ADI setup options for key flexfields
  • Explain shared entities within R12 E-Business Suite
Topic 8
  • Identify the steps to implement a Flexfield
  • Run and monitor Reports and Programs
Topic 9
  • Describe the different Journal Posting options
  • Navigating in R12 Oracle Applications
  • Describe R12 E-Business Suite architecture

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

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