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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Oracle General Ledger Process

The following will be discussed here:

• Explain key Advanced Security setups and process
• Manage Data Access Sets
• Identify the steps required to complete the accounting cycle using Oracle General Ledger
• Explain implementation considerations for setting up and using Oracle General Ledger and Oracle eBusiness Suite
• Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
• Manage Data Access Security for Legal Entities and Ledgers
• Control security of Management Reporting
• Oracle General Ledger Process
• Advanced Security
• Describe an overview of Accounting Setup Manager, currency concepts, budgeting, EPB, reporting & analysis
• Describe the integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systems

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

The following will be discussed here:

• Perform budget review and correction
• Explain the anatomy of a budget
• Explain the components of budget accounting cycle
• Define budget and budget organization
• Plan Budget implementation requirements
• Transfer budget amounts
• Explain Budget Entry methods
• Create budgets with Budget Wizards
• Apply Budget Rules
• Review balances in Master/Detail budgets
• Financial Budgeting
• Use available Standard budget reports
• Translate budget balances

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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:

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

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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