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Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516)

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Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516)

Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516) is an Oracle certification that assesses knowledge and skills related to the general ledger functionality within Oracle E-Business Suite (EBS) R12.1. The exam covers essential concepts in financial management and ledger setup, emphasizing the configuration, setup, and management of general ledger processes in Oracle EBS. It’s ideal for professionals looking to validate their abilities in managing enterprise financials, including account monitoring, reporting, and reconciliation using Oracle’s ERP system.
Why is Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516) important?

  • Validates expertise in managing and configuring the General Ledger module in Oracle EBS.
  • Demonstrates knowledge of enterprise financial management practices.
  • Enhances professional credibility and career opportunities in ERP and financial roles.
  • Ensures proficiency in handling financial processes like budgeting, account reconciliation, and reporting.
  • Equips candidates with relevant skills for managing financial records in large-scale businesses.

Who should take the Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516) Exam?

  • Financial Analysts
  • ERP System Administrators
  • General Ledger Accountants
  • Financial Controllers
  • Oracle EBS Functional Consultants
  • IT Consultants specializing in Oracle ERP

Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516) Certification Course Outline
The Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516) Certification covers the following topics -

Module 1. Navigating in R12 Oracle Applications
Module 2. Introduction to Oracle Applications R12
Module 3. Shared Entities and Integration
Module 4. Fundamentals of Flexfields
Module 5. Fundamentals of Multi-Org
Module 6. Fundamentals of Workflow and Alerts
Module 7. Oracle General Ledger Process
Module 8. Basic Journal Entries
Module 9. Advanced Security
Module 10. Multi-Currency
Module 11. Financial Reporting
Module 12. Accounting Setup Manager
Module 13. Accounting Setups
Module 14. Advanced Journal Entries
Module 15. Consolidations
Module 16. Summary Accounts
Module 17. Financial Budgeting
Module 18. Period Close


 


Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516) FAQs

It is a multiple-choice exam covering both conceptual and technical aspects of Oracle EBS R12.1 General Ledger.

It demonstrates expertise in Oracle’s financial tools, making you a strong candidate for ERP and financial roles.

Topics include general ledger setup, budgeting, account reconciliation, currency handling, and financial reporting.

Yes, familiarity with Oracle EBS financial applications is recommended for successful exam completion.

Potential roles include ERP functional consultant, financial analyst, and general ledger accountant.

Yes, many organizations continue to use Oracle EBS R12.1, though newer versions are available.

You can retake the exam after a waiting period; Oracle typically requires a two-week gap between attempts.

Financial analysts, Oracle EBS functional consultants, and ERP administrators who work with Oracle financial systems.

It is a certification that validates foundational and functional skills for Oracle EBS R12.1 General Ledger operations.

It may support advanced certifications within the Oracle Financials or ERP domains but isn’t a strict prerequisite.