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Updated: Jun 08, 2026

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

The following will be discussed here:

  • Explain shared entities within R12 E-Business Suite
  • E-business Essentials
  • Access online Help
  • Identify Key Business Flows and products involved in E-Business Suite (EBS)
  • Search for data using Forms
  • Shared Entities and Integration
  • Create Favorites and set Preferences
  • Enter data using Forms
  • Run and monitor Reports and Programs
  • Navigating in R12 Oracle Applications
  • Use Forms and Menus
  • Choose a responsibility
  • Log in to Oracle Applications
  • Navigate from Personal Home Page to Applications
  • Log out of Oracle Applications
  • Describe key integration points and business flows between products in E-Business Suite (EBS)

Oracle 1Z0-516 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Describe how journal entries are positioned in the accounting cycle
  • Translate functional balances into foreign currency
Topic 2
  • Identify the steps to implement a Flexfield
  • Run and monitor Reports and Programs
Topic 3
  • Describe the different Journal Posting options
  • Navigating in R12 Oracle Applications
  • Describe R12 E-Business Suite architecture
Topic 4
  • Describe the types of organizations supported in the Multi-Org model
  • Explain the concepts of subledger accounting
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
  • Identify key implementation considerations for Multi-Org
  • Identify Key Business Flows and products involved in E-Business Suite (EBS)
Topic 8
  • Explain Enhanced Multiple-Organization Reporting
  • Explain the footprint of R12 E-Business Suite

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-516

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

The following will be discussed here:

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

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:

  • Business Users
  • Administrators
  • Implementers

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