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Oracle EBS R12.1 General Ledger Essentials : 1Z1-516

1Z1-516

Exam Code: 1Z1-516

Exam Name: Oracle EBS R12.1 General Ledger Essentials

Updated: Aug 07, 2026

Q&A Number: 180 Q&As

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About Oracle 1Z1-516 Exam Questions and Answers

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

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Accounting Setup Manager

The following will be discussed here:

  • Formulate Mass Allocation Journals
  • Describe Accounting Setup considerations with no legal entities
  • Advanced Journal Entries
  • Accounting Setup Manager
  • Describe the components of Ledger Processing options
  • Describe Secondary Ledgers & Reporting Currencies
  • Describe Accounting Setup considerations with multiple legal entities
  • Describe AutoAllocations and related implementation considerations
  • Create Recurring Journals
  • Describe Accounting Setup considerations with one legal entity

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

The average salary:

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

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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 1Z1-516 Exam Syllabus Topics:

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