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

Oracle 1Z1-516 Actual PDF
  • Exam Code: 1Z1-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Aug 06, 2026
  • Q & A: 180 Questions and Answers
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About Oracle 1Z1-516 Actual Exam

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

The following will be discussed here:

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

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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Oracle 1Z1-516 Exam Syllabus Topics:
SectionObjectives
Journal Processing- Journal Approval and Posting
  • 1. Posting processes
    • 2. Approval workflows
      - Journal Entry Management
      • 1. Recurring journals
        • 2. Manual journal entries
          Account Management- Budgeting
          • 1. Budget creation and maintenance
            • 2. Budgetary control
              - Account Reconciliation
              • 1. Reconciliation processes
                • 2. Clearing accounts
                  Financial Reporting- Standard Reports
                  • 1. Trial balance reports
                    • 2. Financial statements
                      - Reporting Tools
                      • 1. Financial Statement Generator (FSG)
                        • 2. Ad hoc reporting
                          Period Close Process- Month-End Closing
                          • 1. Adjusting entries
                            • 2. Period close activities
                              General Ledger Setup- Chart of Accounts
                              • 1. Segment structure design
                                • 2. Value sets and flexfields
                                  - Ledger Configuration
                                  • 1. Accounting calendar definition
                                    • 2. Ledger creation and structure setup

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