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Oracle EBS R12.1 General Ledger Essentials : 1Z0-516

1Z0-516
  • Exam Code: 1Z0-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Aug 18, 2026
  • Q & A: 180 Questions and Answers
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  • PDF Price: $59.99
  • Oracle 1Z0-516 Value Pack

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About Oracle 1Z0-516 Exam

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

The following will be discussed here:

  • Build basic reports
  • 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
  • Create FSG Reports with XML Publisher
  • Explain key implementation issues regarding Oracle General Ledger financial reporting
  • Use Web ADI for Financial Reporting
  • Use Standard listing reports available for FSG report definitions
  • Financial Reporting

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Fundamentals of Multi-Org

The following will be discussed here:

  • Explain the concepts of subledger accounting
  • Explain Multi-Org preferences
  • Explain how Multi-Org secures data
  • Define Multiple Organization (Multi-Org)
  • Explain the entities of Multi-Org
  • Fundamentals of Multi-Org
  • Explain Enhanced Multiple-Organization Reporting
  • Describe the types of organizations supported in the Multi-Org model
  • Identify key implementation considerations for Multi-Org
  • Define Multi-Org Access Control

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Certification Path

Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 is a fundamental exam. Successful completion by candidates will allow them to achieve Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger status.

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 1Z0-516 Exam Syllabus Topics:

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

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