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

The following will be discussed here:

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

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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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
• Administrators
• Business Users

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