Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Introduction to Oracle Applications R12

The following will be discussed here:

• Introduction to Oracle Applications R12
• Define Web ADI setup options for key flexfields
• Define Key Flexfields
• Describe Flexfields and their components
• Define Descriptive Flexfields
• Explain the footprint of R12 E-Business Suite
• Define value sets and values
• Identify the steps to implement a Flexfield
• Import journal entry information using the GL_INTERFACE table
• Describe R12 E-Business Suite architecture
• Describe the benefits of Workflow
• Basic Journal Entries
• Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
• Explain Workflow concepts
• Describe how journal entries are positioned in the accounting cycle
• Fundamentals of Flexfields
• Utilize Web ADI profile options, forms functions, menus, and responsibilities
• Describe the benefits of R12 E-Business Suite
• Describe the different Journal Posting options
• Plan the key elements of Web Applications Desktop Integrator (Web ADI)
• Fundamentals of Workflow and Alerts

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

The following will be discussed here:

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

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-516

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

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