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

  • Exam Code: 1Z0-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Sep 07, 2026     Q & A: 180 Questions and Answers

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

The following will be discussed here:

  • Explain Enhanced Multiple-Organization Reporting
  • Explain how Multi-Org secures data
  • Define Multi-Org Access Control
  • Describe the types of organizations supported in the Multi-Org model
  • Explain the concepts of subledger accounting
  • Identify key implementation considerations for Multi-Org
  • Explain the entities of Multi-Org
  • Explain Multi-Org preferences
  • Fundamentals of Multi-Org
  • Define Multiple Organization (Multi-Org)

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 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 Web ADI for Financial Reporting
  • Build basic reports
  • Explain the positioning of Financial Reporting within the Oracle General Ledger business flow
  • Financial Reporting
  • Use Standard listing reports available for FSG report definitions
  • Explain key implementation issues regarding Oracle General Ledger financial reporting

Oracle 1Z0-516 Exam Syllabus Topics:

SectionObjectives
E-Business Essentials- Introduction to Oracle Applications R12
  • 1. Oracle E-Business Suite Architecture and Navigation
  • 2. E-Business Suite Footprint and Components
- Fundamentals of Flexfields
  • 1. Key Flexfields
  • 2. Descriptive Flexfields
- Shared Entities and Integration
  • 1. Integration Across Financial Modules
  • 2. Shared Data Model
- Fundamentals of Multi-Org
  • 1. Business Group and Operating Unit Concepts
  • 2. Enhanced Multi-Org Access Control
General Ledger- Consolidations
  • 1. Consolidation Processing
  • 2. Ledger Consolidation Concepts
- Accounting Setups
  • 1. Ledger Configuration
  • 2. Accounting Calendar Setup
  • 3. Chart of Accounts Structure
  • 4. Currency Configuration
- Financial Reporting
  • 1. General Ledger Reporting
  • 2. Account Analysis and Inquiry
  • 3. Financial Statement Generator
- Advanced Security
  • 1. Data Access Sets
  • 2. Ledger and Legal Entity Security
- Financial Budgeting
  • 1. Budget Control and Analysis
  • 2. Budget Definition and Maintenance
- Journal Processing
  • 1. Journal Approval and Posting
  • 2. Mass Allocations
  • 3. Journal Entry Creation
  • 4. Recurring Journals

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