Oracle 1Z1-516 Value Pack (Frequently Bought Together)

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1z0-516 Official Certification Site

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

The following will be discussed here:

• Explain summary accounts and how they are used in General Ledger
• Explain the Period Closing Process and Reports
• Define How Parent Values/ Rollup Groups are used in General Ledger
• Perform key steps in the close process
• Perform journal import of subledger balances
• Use Budgetary Control & maintain Summary accounts
• Perform Subledger Reconciliation
• Explain AutoScheduling
• Describe key issues and considerations when implementing Advanced Journal Entry
• Plan and maintain Summary Account structures
• Summary Accounts
• Describe the business benefits of using Oracle General Ledger's Advanced Journal Entry functions
• Period Close
• Consolidate account balances
• Determine how Summary Templates are used
• Describe the Journal Scheduling process
• Explain the accounting cycle

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Financial Budgeting

The following will be discussed here:

• Create budgets with Budget Wizards
• Explain the components of budget accounting cycle
• Apply Budget Rules
• Transfer budget amounts
• Explain Budget Entry methods
• Translate budget balances
• Perform budget review and correction
• Financial Budgeting
• Explain the anatomy of a budget
• Define budget and budget organization
• Review balances in Master/Detail budgets
• Plan Budget implementation requirements
• Use available Standard budget reports

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 Financial Reporting

The following will be discussed here:

• Explain the positioning of Financial Reporting within the Oracle General Ledger business flow
• Use key elements of the Financial Statement Generator (FSG) for creating financial reports
• Use Web ADI for Financial Reporting
• Build basic reports
• Create FSG Reports with XML Publisher
• Explain key implementation issues regarding Oracle General Ledger financial reporting
• Financial Reporting
• Use Standard listing reports available for FSG report definitions

Oracle 1Z1-516 Exam Syllabus Topics: