Oracle 1Z1-516 : Oracle EBS R12.1 General Ledger Essentials

Pass 1Z1-516 Exam Cram

Exam Code: 1Z1-516

Exam Name: Oracle EBS R12.1 General Ledger Essentials

Updated: Jul 27, 2026

Q & A: 180 Questions and Answers

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Oracle 1Z1-516 Exam Syllabus Topics:
TopicDetails
Topic 1
  • Describe the different Journal Posting options
  • Navigating in R12 Oracle Applications
  • Describe R12 E-Business Suite architecture
Topic 2
  • Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
  • Create Favorites and set Preferences
Topic 3
  • Describe how journal entries are positioned in the accounting cycle
  • Translate functional balances into foreign currency
Topic 4
  • Identify key implementation considerations for Multi-Org
  • Identify Key Business Flows and products involved in E-Business Suite (EBS)
Topic 5
  • Describe the elements required to create a ledger within Oracle General Ledger
  • Navigate from Personal Home Page to Applications
Topic 6
  • Define Web ADI setup options for key flexfields
  • Explain shared entities within R12 E-Business Suite
Topic 7
  • Explain Enhanced Multiple-Organization Reporting
  • Explain the footprint of R12 E-Business Suite
Topic 8
  • Identify the steps to implement a Flexfield
  • Run and monitor Reports and Programs

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 Accounting Setups

The following will be discussed here:

  • Create Accounting Setups
  • Create eliminating entries
  • Use the features and functionality of Global Consolidation System (GCS)
  • Perform the Primary Ledger Setup steps
  • Use the elements of the Consolidation Workbench
  • Complete Accounting Setup
  • Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
  • Consolidations
  • Describe the basic components of Accounting Setup
  • Creating a new Accounting Flexfield structure
  • Describe the important elements for creating a Chart of Accounts structure
  • Accounting Setups
  • Describe Ledger Balancing Segment Value Assignments
  • Describe the various Subledger Accounting Options
  • Identify the key implementation issues regarding consolidations
  • Perform the Secondary Ledger Setup steps
  • Use Standard reports and inquiry options available for consolidations Ledger
  • Describe the elements required to create a ledger within Oracle General Ledger
  • Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
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What is Implementation Essentials 1z0-516 Certification Exam and Retake policy

Oracle Cloud Certification credentials are valid for a period of 18 months from the date you earn the credential. The credential will become inactive at the end of 18 months. Oracle requires candidates to hold an active credential in order to access certain certification benefits including, without limitation, use of Oracle certification logos, e-Certificates, score reports, digital badges and certification verification.

All the candidates must wait 14 days before retaking a failed proctored exam. (Registration will be allowed on the 14th day). Candidates may not retake a passed exam at any time and may not retake a beta exam at any time. Also, candidates are only allowed 4 attempts to pass an exam in a 12-month period.

Get a sound understanding of Oracle E-Business Suite, including navigation, key business flows, functionality, and integration points between products. Smoothly implement and start using the applications, so that your organization can quickly realize the full value of Oracle E-Business Suite.

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

The following will be discussed here:

  • Log in to Oracle Applications
  • Choose a responsibility
  • Use Forms and Menus
  • Navigating in R12 Oracle Applications
  • Describe key integration points and business flows between products in E-Business Suite (EBS)
  • Run and monitor Reports and Programs
  • Enter data using Forms
  • E-business Essentials
  • Navigate from Personal Home Page to Applications
  • Explain shared entities within R12 E-Business Suite
  • Log out of Oracle Applications
  • Create Favorites and set Preferences
  • Search for data using Forms
  • Identify Key Business Flows and products involved in E-Business Suite (EBS)
  • Shared Entities and Integration
  • Access online Help
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