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Instant Download Oracle : 1Z1-516 Questions & Answers as PDF & Test Engine
- Exam Code: 1Z1-516
- Exam Name: Oracle EBS R12.1 General Ledger Essentials
- Updated: Aug 25, 2026
- No. of Questions: 180 Questions and Answers
- Download Limit: Unlimited
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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Financial Reporting
The following will be discussed here:
- Create FSG Reports with XML Publisher
- Use key elements of the Financial Statement Generator (FSG) for creating financial reports
- Use Standard listing reports available for FSG report definitions
- Use Web ADI for Financial Reporting
- Explain the positioning of Financial Reporting within the Oracle General Ledger business flow
- Explain key implementation issues regarding Oracle General Ledger financial reporting
- Financial Reporting
- Build basic reports
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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:
- Perform the Primary Ledger Setup steps
- Describe the basic components of Accounting Setup
- Use Standard reports and inquiry options available for consolidations Ledger
- Describe Ledger Balancing Segment Value Assignments
- Consolidations
- Describe the important elements for creating a Chart of Accounts structure
- Use the elements of the Consolidation Workbench
- Perform the Secondary Ledger Setup steps
- Creating a new Accounting Flexfield structure
- Use the features and functionality of Global Consolidation System (GCS)
- Accounting Setups
- Describe the various Subledger Accounting Options
- Describe the elements required to create a ledger within Oracle General Ledger
- Identify the key implementation issues regarding consolidations
- Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
- Complete Accounting Setup
- Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
- Create eliminating entries
- Create Accounting Setups
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Oracle 1Z1-516 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: General Ledger Setup | - Chart of Accounts
|
| Topic 2: Account Management | - Budgeting
|
| Topic 3: Journal Processing | - Journal Approval and Posting
|
| Topic 4: Period Close Process | - Month-End Closing
|
| Topic 5: Financial Reporting | - Reporting Tools
|
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