Get yourself trained on 1z0-516 Exam – with this Online Training 1z0-516 Exam – Oracle EBS R12.1 General Ledger Essentials.
Online Training 1z0-516 Exam – Oracle EBS R12.1 General Ledger Essentials
Exam Details:Duration:150 MinutesNo of questions:80Passing score:60%Format:Multiple ChoicePrice:USD245Exam Topics:E-BUSINESS ESSENTIALSNavigating in R12 Oracle ApplicationsLog in to Oracle ApplicationsNavigate from Personal Home Page to ApplicationsChoose a responsibilityCreate Favorites and set PreferencesUse Forms and MenusEnter data using FormsSearch for data using FormsAccess online HelpRun and monitor Reports and ProgramsLog out of Oracle ApplicationsIntroduction to Oracle Applications R12Explain the footprint of R12 E-Business SuiteDescribe the benefits of R12 E-Business SuiteDescribe R12 E-Business Suite architectureShared Entities and IntegrationExplain shared entities within R12 E-Business SuiteDescribe key integration points and business flows between products in E-Business Suite (EBS)Identify Key Business Flows and products involved in E-Business Suite (EBS)Fundamentals of FlexfieldsDescribe Flexfields and their componentsIdentify the steps to implement a FlexfieldDefine value sets and valuesDefine Key FlexfieldsDefine Descriptive FlexfieldsFundamentals of Multi-OrgDefine Multiple Organization (Multi-Org)Describe the types of organizations supported in the Multi-Org modelExplain the entities of Multi-OrgExplain how Multi-Org secures dataIdentify key implementation considerations for Multi-OrgDefine Multi-Org Access ControlExplain Multi-Org preferencesExplain Enhanced Multiple-Organization ReportingExplain the concepts of subledger accountingFundamentals of Workflow and AlertsExplain Workflow conceptsDescribe the benefits of WorkflowGENERAL LEDGEROracle General Ledger ProcessIdentify the steps required to complete the accounting cycle using Oracle General LedgerDescribe how Oracle General Ledger integrates with other Oracle eBusiness applicationsDescribe the integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systemsExplain implementation considerations for setting up and using Oracle General Ledger and Oracle eBusiness SuiteDescribe an overview of Accounting Setup Manager, currency concepts, budgeting, EPB, reporting & analysisBasic Journal EntriesDescribe how journal entries are positioned in the accounting cycleDescribe the different Journal Posting optionsDefine how to perform Account Inquiries & Drilldown to Oracle Subledger ApplicationsImport journal entry information using the GL_INTERFACE tablePlan the key elements of Web Applications Desktop Integrator (Web ADI)Define Web ADI setup options for key flexfieldsUtilize Web ADI profile options, forms functions, menus, and responsibilitiesAdvanced SecurityManage Data Access Security for Legal Entities and LedgersExplain key Advanced Security setups and processManage Data Access SetsControl security of Management ReportingMulti-CurrencyExplain Multi-Currency conceptsUse Currency Rate ManagerPerform Foreign currency journals EntryPerform Revaluation of foreign currency balancesTranslate functional balances into foreign currencyDescribe overview of Secondary Tracking SegmentUse Foreign Currency ReportsFinancial ReportingExplain the positioning of Financial Reporting within the Oracle General Ledger business flowBuild basic reportsUse key elements of the Financial Statement Generator (FSG) for creating financial reportsUse Standard listing reports available for FSG report definitionsCreate FSG Reports with XML PublisherUse Web ADI for Financial ReportingExplain key implementation issues regarding Oracle General Ledger financial reportingAccounting Setup ManagerDescribe the components of Ledger Processing optionsDescribe Secondary Ledgers & Reporting CurrenciesDescribe Accounting Setup considerations with one legal entityDescribe Accounting Setup considerations with multiple legal entitiesDescribe Accounting Setup considerations with no legal entitiesAccounting SetupsCreate Accounting SetupsDescribe the various Subledger Accounting OptionsPerform the Primary Ledger Setup stepsDescribe Ledger Balancing Segment Value AssignmentsPerform the Secondary Ledger Setup stepsComplete Accounting SetupAdvanced Journal EntriesCreate Recurring JournalsFormulate Mass Allocation JournalsDescribe AutoAllocations and related implementation considerationsExplain AutoSchedulingDescribe the Journal Scheduling processDescribe key issues and considerations when implementing Advanced Journal EntryDescribe the business benefits of using Oracle General Ledger’s Advanced Journal Entry functionsConsolidationsExplain overview of Consolidations and their positioning within the Oracle General Ledger business flowIdentify the key implementation issues regarding consolidationsUse the features and functionality of Global Consolidation System (GCS)Use the elements of the Consolidation WorkbenchCreate eliminating entriesUse Standard reports and inquiry options available for consolidations LedgerDescribe the elements required to create a ledger within Oracle General LedgerDescribe the basic components of Accounting SetupDescribe the important elements for creating a Chart of Accounts structureCreating a new Accounting Flexfield structureUtilize the Account Hierarchy Manager to view and maintain Accounting Flexfield valuesSummary AccountsExplain summary accounts and how they are used in General LedgerDefine How Parent Values/ Rollup Groups are used in General LedgerDetermine how Summary Templates are usedUse Budgetary Control & maintain Summary accountsPlan and maintain Summary Account structuresFinancial BudgetingExplain the anatomy of a budgetExplain the components of budget accounting cycleDefine budget and budget organizationExplain Budget Entry methodsApply Budget RulesTransfer budget amountsPerform budget review and correctionTranslate budget balancesReview balances in Master/Detail budgetsCreate budgets with Budget WizardsUse available Standard budget reportsPlan Budget implementation requirementsPeriod CloseExplain the accounting cyclePerform key steps in the close processPerform journal import of subledger balancesPerform Subledger ReconciliationExplain the Period Closing Process and ReportsConsolidate account balances
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As a society, we spend hundreds of billions of dollars measuring the return on our financial assets. Yet, at the same time, we still haven’t found convincing ways of measuring the return on our investments in developing people.
And I get it: If my bank account pays me 1% a year, I can measure it to the penny. We’ve been collectively trained to expect neat and precise ROI calculations on everything, so when it’s applied to something as seemingly squishy as how effectively people are learning in the workplace, the natural inclination is to throw up our hands and say it can’t be done. But we need to figure this out. In a world where skills beat capital, the winners and losers of the next 30 years will be determined by their ability to attract and develop great talent.
Fortunately, corporate learning & development (L&D), like most business functions, is evolving quickly. We can embrace some level of ambiguity and have rigor when measuring the ROI of learning. It just might look a little different than an M.B.A. would expect to see in an Excel model.