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

  • Exam Code: 1Z0-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Aug 14, 2026
  • Q & A: 180 Questions and Answers

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

This certification is for:

  • Business Users
  • Administrators
  • 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.

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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:

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

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

The average salary:

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

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

The following will be discussed here:

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

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:

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

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