McAfee Secure sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams
My Cart (0)  

Oracle 1Z0-516

1Z0-516

Exam Code: 1Z0-516

Exam Name: Oracle EBS R12.1 General Ledger Essentials

Updated: Aug 30, 2026

Q & A: 180 Questions and Answers

1Z0-516 Free Demo download

PDF Version Demo PC Test Engine Online Test Engine

Already choose to buy "PDF"

Price: $59.99 

About Oracle 1Z0-516 Exam

Who should take the Oracle Planning 2020 Implementation Essentials 1z0-516

This certification is for:

  • Administrators
  • Business Users
  • Implementers

The Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger certification will help you build a functional foundation in E-Business Essentials. Certify your ability to access and navigate the R12 E-Business Suite, enter data, retrieve information in the form of a query and access online help to give yourself an edge against other candidates in the job market.

You will also develop a deeper understanding of Oracle General Ledger. Building these skills will allow you to perform simultaneous accounting for multiple reporting requirements and access and process data for multiple ledgers and legal entities at the same time. This is done using the power of ledger sets. OPN Members earning this certification will be recognized as OPN Certified Specialists, which helps their companies qualify for the Oracle E-Business Suite Financial Management Specialization.

The Planning Cloud 2020 Certified Implementation Specialist has demonstrated the knowledge and expertise in implementing Enterprise Performance Management and Planning solutions. Individuals with this certification can set up and configure security, set up a Planning business process, and configure the Financials, Workforce, Capital, and Projects modules, and design Reports and Documents.

This certification is available to all candidates.

It's geared toward members of the Oracle Partner Network who are focused on selling and implementing Financial Management modules. The exam targets the intermediate-level implementation team member. Up-to-date training and field experience are recommended.

In recent years, many people choose to take Oracle 1Z0-516 certification exam which can make you get the Oracle certificate that is the passport to get a better job and get promotions.

How to prepare for Oracle 1Z0-516 exam and get the certificate? Please refer to Oracle 1Z0-516 exam questions and answers on ITCertTest.

ITCertTest is a good website that provides all candidates with the latest IT certification exam materials. ITCertTest will provide you with the exam questions and verified answers that reflect the actual exam. The Oracle 1Z0-516 exam dumps are developed by experienced IT Professionals. 99.9% of hit rate. Guarantee you success in your 1Z0-516 exam with our exam materials.

Furthermore, we are constantly updating our 1Z0-516 exam materials. We will provide our customers with the latest and the most accurate exam questions and answers that cover a comprehensive knowledge point, which will help you easy prepare for 1Z0-516 exam and successfully pass your exam. You just need to spend you 20-30 hours on studying the exam dumps.

ITCertTest provides you not only with the best materials and also with excellent service. If you buy ITCertTest questions and answers, free update for one year is guaranteed. You fail, after you use our Oracle 1Z0-516 dumps, 100% guarantee to FULL REFUND. You just need to send the scanning copy of your examination report card to us. After confirming, we will refund you.

What's more, before you buy, you can try to use our free demo. We provide you some of Oracle 1Z0-516 exam questions and answers and you can download it for your reference.

ITCertTest is no doubt your best choice. Using the Oracle 1Z0-516 training dumps can let you improve the efficiency of your studying so that it can help you save much more time.

Quick and easy: just two steps to finish your order. We will send your products to your mailbox by email, and then you can check your email and download the attachment.

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

The following will be discussed here:

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

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

The following will be discussed here:

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

Average Salary of Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516Certified Professionals

The average salary:

  • India - 6,71,117 INR
  • United State - 151,682 USD
  • England - 75,267 POUND
  • Europe - 100,440 EURO

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-516

Oracle 1Z0-516 Exam Syllabus Topics:

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

1114 Customer ReviewsCustomers Feedback (* Some similar or old comments have been hidden.)

This is Aug 31, 2026, I have passed 1Z0-516 exam.

Karen

Karen     4 star  

Itcerttest assisted me throughout the preparation of 1Z0-516 exam. What I liked the most about Itcerttest were the guidelines relevant to the exam.

Dwight

Dwight     4 star  

I read your 1Z0-516 practice questions demo first and found them helpful.

Hiram

Hiram     4 star  

Trust these 1Z0-516 practice test questions for they will give you all you need to pass your exam. I sat with them in mind and cleared the exam. Good luck!

Lorraine

Lorraine     4 star  

Have passed my 1Z0-516 exams! Even with the limited time, I could easily prepare for this 1Z0-516 exam and pass it in the first time. Big thanks!

Stanley

Stanley     5 star  

This certification is super important for me!!! It's the only way to have career opportunity for me! Thank you for 1Z0-516 questions! I'll do my best on exam.

Hamiltion

Hamiltion     4 star  

Passd 1Z0-516
I failed this exam twice but luckily you updated this exam.

Madge

Madge     4.5 star  

I have got your new 1Z0-516 study guides.

Genevieve

Genevieve     5 star  

According to me, the best part of Itcerttest’s practice file is that it comes with so many exam questions and answers, and they are the same with the real exam. I cleared my 1Z0-516 exam with your help, thank you so much!

Kay

Kay     4 star  

I took 1Z0-516 exam last week and passed it easily.

Bennett

Bennett     4 star  

Delighted to have passed my firstibm 1Z0-516exam today to gain the Other Oracle Certification cert with you, so thx here!

Zenobia

Zenobia     4 star  

Valid and latest 1Z0-516 exam questions. 95% questions is found on the real exam. Only 3 is out. You can trust me. Thank you!

Adela

Adela     5 star  

All the Itcerttest claims proved to be true when I sat for 1Z0-516 exam last week. Highly accurate!

Miles

Miles     4 star  

Thank you very much. i really appreciate your help. You guys are doing great. I passed my 1Z0-516 exams with the help of your dumps. Thanks again.

Algernon

Algernon     4 star  

I am a highly satisfied user of 1Z0-516 exam dump. I just passed my 1Z0-516 exam. Big thanks!

Kerwin

Kerwin     4.5 star  

The 1Z0-516 dumps are still valid, I passed today with 95% scores in the first attempt.

Nathan

Nathan     4.5 star  

So thank you!
Passed 1Z0-516 Today,The product was user friendly covering every aspect of exam course.

Edwina

Edwina     5 star  

LEAVE A REPLY

Your email address will not be published. Required fields are marked *

Contact US:  
 [email protected]  Support

Free Demo Download

Popular Vendors
Alcatel-Lucent
Avaya
CIW
CWNP
Lpi
Nortel
Novell
SASInstitute
Symantec
The Open Group
Tibco
Zend-Technologies
Lotus
OMG
RES Software
all vendors
Why Choose ITCertTest Testing Engine
 Quality and ValueITCertTest Practice Exams are written to the highest standards of technical accuracy, using only certified subject matter experts and published authors for development - no all study materials.
 Tested and ApprovedWe are committed to the process of vendor and third party approvals. We believe professionals and executives alike deserve the confidence of quality coverage these authorizations provide.
 Easy to PassIf you prepare for the exams using our ITCertTest testing engine, It is easy to succeed for all certifications in the first attempt. You don't have to deal with all dumps or any free torrent / rapidshare all stuff.
 Try Before BuyITCertTest offers free demo of each product. You can check out the interface, question quality and usability of our practice exams before you decide to buy.