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Oracle EBS R12.1 General Ledger Essentials : 1Z0-516 Exam

1Z0-516 actual test
  • Exam Code: 1Z0-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Jul 20, 2026
  • Q & A: 180 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $59.99  

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Accounting Setup Manager

The following will be discussed here:

  • Describe AutoAllocations and related implementation considerations
  • Accounting Setup Manager
  • Describe the components of Ledger Processing options
  • Describe Accounting Setup considerations with multiple legal entities
  • Describe Accounting Setup considerations with one legal entity
  • Describe Secondary Ledgers & Reporting Currencies
  • Advanced Journal Entries
  • Describe Accounting Setup considerations with no legal entities
  • Create Recurring Journals
  • Formulate Mass Allocation Journals

Average Salary of Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516Certified Professionals

The average salary:

  • Europe - 100,440 EURO
  • United State - 151,682 USD
  • England - 75,267 POUND
  • India - 6,71,117 INR

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:

  • Implementers
  • Business Users
  • Administrators

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Oracle 1Z0-516 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Describe the types of organizations supported in the Multi-Org model
  • Explain the concepts of subledger accounting
Topic 2
  • Identify key implementation considerations for Multi-Org
  • Identify Key Business Flows and products involved in E-Business Suite (EBS)
Topic 3
  • Describe how journal entries are positioned in the accounting cycle
  • Translate functional balances into foreign currency
Topic 4
  • Identify the steps to implement a Flexfield
  • Run and monitor Reports and Programs
Topic 5
  • Define Web ADI setup options for key flexfields
  • Explain shared entities within R12 E-Business Suite
Topic 6
  • Manage Data Access Security for Legal Entities and Ledgers
  • Describe the important elements for creating a Chart of Accounts structure
Topic 7
  • Explain Enhanced Multiple-Organization Reporting
  • Explain the footprint of R12 E-Business Suite
Topic 8
  • 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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