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

1Z1-516 real exams

Exam Code: 1Z1-516

Exam Name: Oracle EBS R12.1 General Ledger Essentials

Updated: Sep 01, 2026

Q & A: 180 Questions and Answers

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How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs

  • Passing Score: 60% or higher
  • Examination Fees: $250 USD
  • Length of Exam: 150 min
  • Types of questions: Performance Based Questions
  • Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
  • No. of Questions: 80 Questions

Difficulty in Attempting Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516

If the user has successfully passed the 1z0-516 practice exam and has been through 1z0-516 exam dumps then the certification exam will not be too much difficult as the user has shown aptitude for understanding complicated processes.

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.

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 E-Business Essentials

The following will be discussed here:

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

Oracle 1Z1-516 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Journal Processing20%- Create, review, and post journal entries
- Manage recurring and mass allocation journals
- Handle journal reversals and approvals
Topic 2: Accounting Setup and Security25%- Define ledgers and ledger sets
- Create and manage chart of accounts
- Implement data access security
- Use Accounting Setup Manager
Topic 3: Multi-Currency and Consolidations15%- Translate and revalue balances
- Perform consolidations and elimination sets
- Define and use multiple currencies
Topic 4: E-Business Essentials20%- Navigate R12 Oracle Applications
- Describe E-Business Suite architecture and shared entities
- Understand flexfields and Web ADI
- Explain Multi-Org fundamentals
Topic 5: Budgeting, Reporting and Period Close20%- Generate financial reports
- Use summary accounts and balances
- Set up and maintain budgets
- Execute period-end and year-end closing

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