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

1Z0-516 pass collection

Exam Code: 1Z0-516

Exam Name: Oracle EBS R12.1 General Ledger Essentials

Updated: Aug 18, 2026

Q & A: 180 Questions and Answers

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

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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 the steps to implement a Flexfield
  • Run and monitor Reports and Programs
Topic 3
  • Manage Data Access Security for Legal Entities and Ledgers
  • Describe the important elements for creating a Chart of Accounts structure
Topic 4
  • Describe the different Journal Posting options
  • Navigating in R12 Oracle Applications
  • Describe R12 E-Business Suite architecture
Topic 5
  • Identify key implementation considerations for Multi-Org
  • Identify Key Business Flows and products involved in E-Business Suite (EBS)
Topic 6
  • Define Web ADI setup options for key flexfields
  • Explain shared entities within R12 E-Business Suite
Topic 7
  • Describe the elements required to create a ledger within Oracle General Ledger
  • Navigate from Personal Home Page to Applications
Topic 8
  • Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
  • Create Favorites and set Preferences
Topic 9
  • 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

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

The following will be discussed here:

  • Use Currency Rate Manager
  • Use Foreign Currency Reports
  • Multi-Currency
  • Translate functional balances into foreign currency
  • Perform Foreign currency journals Entry
  • Describe overview of Secondary Tracking Segment
  • Explain Multi-Currency concepts
  • Perform Revaluation of foreign currency balances

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Introduction to Oracle Applications R12

The following will be discussed here:

  • Describe the benefits of R12 E-Business Suite
  • Fundamentals of Workflow and Alerts
  • Fundamentals of Flexfields
  • Define value sets and values
  • Identify the steps to implement a Flexfield
  • Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
  • Describe the benefits of Workflow
  • Define Descriptive Flexfields
  • Utilize Web ADI profile options, forms functions, menus, and responsibilities
  • Introduction to Oracle Applications R12
  • Describe Flexfields and their components
  • Describe how journal entries are positioned in the accounting cycle
  • Basic Journal Entries
  • Explain the footprint of R12 E-Business Suite
  • Import journal entry information using the GL_INTERFACE table
  • Describe R12 E-Business Suite architecture
  • Define Key Flexfields
  • Explain Workflow concepts
  • Describe the different Journal Posting options
  • Plan the key elements of Web Applications Desktop Integrator (Web ADI)
  • Define Web ADI setup options for key flexfields

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