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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Accounting Setups
The following will be discussed here:
- Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
- Use the features and functionality of Global Consolidation System (GCS)
- Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
- Perform the Secondary Ledger Setup steps
- Use Standard reports and inquiry options available for consolidations Ledger
- Describe the various Subledger Accounting Options
- Identify the key implementation issues regarding consolidations
- Create eliminating entries
- Describe Ledger Balancing Segment Value Assignments
- Create Accounting Setups
- Creating a new Accounting Flexfield structure
- Accounting Setups
- Complete Accounting Setup
- Describe the important elements for creating a Chart of Accounts structure
- Use the elements of the Consolidation Workbench
- Consolidations
- Perform the Primary Ledger Setup steps
- Describe the elements required to create a ledger within Oracle General Ledger
- Describe the basic components of Accounting Setup
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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
- Define Web ADI setup options for key flexfields
- Basic Journal Entries
- Import journal entry information using the GL_INTERFACE table
- Explain Workflow concepts
- Define value sets and values
- Fundamentals of Flexfields
- Plan the key elements of Web Applications Desktop Integrator (Web ADI)
- Define Key Flexfields
- Describe Flexfields and their components
- Describe the benefits of R12 E-Business Suite
- Identify the steps to implement a Flexfield
- Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
- Describe R12 E-Business Suite architecture
- Introduction to Oracle Applications R12
- Describe how journal entries are positioned in the accounting cycle
- Fundamentals of Workflow and Alerts
- Describe the different Journal Posting options
- Utilize Web ADI profile options, forms functions, menus, and responsibilities
- Define Descriptive Flexfields
- Describe the benefits of Workflow
Oracle 1Z1-516 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Journal Processing | - Journal Entry Management
|
| Topic 2: Period Close Process | - Month-End Closing
|
| Topic 3: General Ledger Setup | - Chart of Accounts
|
| Topic 4: Account Management | - Account Reconciliation
|
| Topic 5: Financial Reporting | - Reporting Tools
|
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