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Who should take the Oracle Planning 2020 Implementation Essentials 1z0-516

This certification is for:

• Business Users
• Implementers
• Administrators

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.

You will also develop a deeper understanding of Oracle General Ledger. Building these skills will allow you to perform simultaneous accounting for multiple reporting requirements and access and process data for multiple ledgers and legal entities at the same time. This is done using the power of ledger sets. OPN Members earning this certification will be recognized as OPN Certified Specialists, which helps their companies qualify for the Oracle E-Business Suite Financial Management Specialization.

The Planning Cloud 2020 Certified Implementation Specialist has demonstrated the knowledge and expertise in implementing Enterprise Performance Management and Planning solutions. Individuals with this certification can set up and configure security, set up a Planning business process, and configure the Financials, Workforce, Capital, and Projects modules, and design Reports and Documents.

This certification is available to all candidates.

It's geared toward members of the Oracle Partner Network who are focused on selling and implementing Financial Management modules. The exam targets the intermediate-level implementation team member. Up-to-date training and field experience are recommended.

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 Introduction to Oracle Applications R12

The following will be discussed here:

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

Certification Path

Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 is a fundamental exam. Successful completion by candidates will allow them to achieve Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger status.

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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:

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