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

The following will be discussed here:

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

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Oracle General Ledger Process

The following will be discussed here:

• Explain key Advanced Security setups and process
• Manage Data Access Sets
• Describe an overview of Accounting Setup Manager, currency concepts, budgeting, EPB, reporting & analysis
• Advanced Security
• Describe the integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systems
• Identify the steps required to complete the accounting cycle using Oracle General Ledger
• Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
• Control security of Management Reporting
• Explain implementation considerations for setting up and using Oracle General Ledger and Oracle eBusiness Suite
• Oracle General Ledger Process
• Manage Data Access Security for Legal Entities and Ledgers

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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:

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

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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