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Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516)

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Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516)

Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516) is an Oracle certification that assesses knowledge and skills related to the general ledger functionality within Oracle E-Business Suite (EBS) R12.1. The exam covers essential concepts in financial management and ledger setup, emphasizing the configuration, setup, and management of general ledger processes in Oracle EBS. It’s ideal for professionals looking to validate their abilities in managing enterprise financials, including account monitoring, reporting, and reconciliation using Oracle’s ERP system.

Why is Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516) important?

  • Validates expertise in managing and configuring the General Ledger module in Oracle EBS.
  • Demonstrates knowledge of enterprise financial management practices.
  • Enhances professional credibility and career opportunities in ERP and financial roles.
  • Ensures proficiency in handling financial processes like budgeting, account reconciliation, and reporting.
  • Equips candidates with relevant skills for managing financial records in large-scale businesses.

Who should take the Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516) Exam?

  • Financial Analysts
  • ERP System Administrators
  • General Ledger Accountants
  • Financial Controllers
  • Oracle EBS Functional Consultants
  • IT Consultants specializing in Oracle ERP

Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516) Certification Course Outline
The Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516) Certification covers the following topics -

Module 1. Navigating in R12 Oracle Applications
Module 2. Introduction to Oracle Applications R12
Module 3. Shared Entities and Integration
Module 4. Fundamentals of Flexfields
Module 5. Fundamentals of Multi-Org
Module 6. Fundamentals of Workflow and Alerts
Module 7. Oracle General Ledger Process
Module 8. Basic Journal Entries
Module 9. Advanced Security
Module 10. Multi-Currency
Module 11. Financial Reporting
Module 12. Accounting Setup Manager
Module 13. Accounting Setups
Module 14. Advanced Journal Entries
Module 15. Consolidations
Module 16. Summary Accounts
Module 17. Financial Budgeting
Module 18. Period Close

Oracle E-Business Suite R12.1 General Ledger Essentials (1Z0-516) FAQs

The course includes, • R12.2 Oracle E-Business Suite Fundamentals • R12.x Oracle General Ledger Management Fundamentals • Oracle E-Business Suite Learning Subscription Ed 2 • Unlimited Product Learning Subscription

The certifications associated with the Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger.

There will be a total of 80 questions for both sections combined in the exam.

After completing your Oracle Certification exam within 30 minutes you will receive an email from Oracle notifying you that your exam results are available in CertView. If you have previously authenticated your CertView account, simply login and select the option to “See My New Exam Result Now”. I

This exam is good for members of the Oracle Partner Network who are focused on selling and implementing Financial Management modules.

Yes, in this exam the passing score for E-business Essentials is 60% and General Ledger is 60%.

The exam will cost you $245 USD with additional taxes.

This exam is valid for Oracle E-Business Suite 12 and 12.1.

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.

1Z0-516 exam is for members of the Oracle Partner Network who are focused on selling and implementing Financial Management modules. The exam is focused towards the intermediate-level implementation team member. In this you will also develop a deeper understanding of Oracle General Ledger.

Candidates must wait 14 days before retaking a failed proctored exam. Candidates may retake an online non-proctored exam at any time. If a candidate passes the exam then they might not retake the exam. Candidates are only allowed 4 attempts to pass an exam in a 12-month period.

• Oracle Certification can help you gain a competitive advantage by developing a skill set that's in demand, worldwide. • You will get to join the 80% of Oracle certification holders who reported a promotion, salary increase or other career improvements. • It will give you access to secure digital badge that you can add to your social media profiles.

Oracle Certification Program normally provides 90 days notice for the retirement of any certification exam. Oracle post announcements on the Certification Web site and also notify exam candidates by email, so please be sure that you always have your most current contact information on file in your Oracle Profile and ensure that you have selected to receive communications from the Oracle Certification Program.

Some of the topics covered in this exam include: • E-BUSINESS ESSENTIALS • Shared Entities and Integration • Fundamentals of Multi-Org • GENERAL LEDGER • Advanced Security • Financial Reporting • Accounting Setups • Consolidations • Financial Budgeting • Introduction to Oracle Applications R12 • Fundamentals of Flexfields

Oracle certifications need a periodic recertification in order for Oracle to recognize them as active. For this, you must upgrade to a current version within twelve (12) months following Oracle's credential retirement to keep your certification in active status so that you can have access to certain certification benefits including, without limitation, use of Oracle certification logos, eCertificates, score reports, digital badges and certification verification.

If you want to schedule the exam then you can do it by paying directly with a credit card, or redeem a voucher you’ve purchased from Oracle. Either way, you'll schedule it through our external testing provider, PearsonVue.

In this exam you will get 150 minutes to complete the exam.

Yes our experts frequently blog about the tips and tricks for exam preparation.

Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Skilr and not the Exam cost.

Yes Skilr offers free practice tests for Exam which can be used before the final purchase for complete test.

Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the Skilr Helpdesk for more details. The member of support staff will respond as soon as possible.

Once purchased, the practice exams can be access for the lifetime.

Yes, Skilr offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.