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

The following will be discussed here:

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

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

The following will be discussed here:

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

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

The following will be discussed here:

• Perform Revaluation of foreign currency balances
• Use Currency Rate Manager
• Use Foreign Currency Reports
• Translate functional balances into foreign currency
• Describe overview of Secondary Tracking Segment
• Explain Multi-Currency concepts
• Multi-Currency
• Perform Foreign currency journals Entry

Oracle 1Z1-516 Exam Syllabus Topics: