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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 the entities of Multi-Org
- Identify key implementation considerations for Multi-Org
- Explain Enhanced Multiple-Organization Reporting
- Explain Multi-Org preferences
- Define Multiple Organization (Multi-Org)
- Define Multi-Org Access Control
- Fundamentals of Multi-Org
- Explain the concepts of subledger accounting
- Describe the types of organizations supported in the Multi-Org model
- Explain how Multi-Org secures data
How to Prepare For Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
Preparation Guide for Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
Introduction
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.
This certification is for:
- Administrators
- Implementers
- Business Users
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Oracle 1Z0-516 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Multi-Currency and Consolidations | 15% | - Translate and revalue balances - Perform consolidations and elimination sets - Define and use multiple currencies |
| Topic 2: Journal Processing | 20% | - Manage recurring and mass allocation journals - Create, review, and post journal entries - Handle journal reversals and approvals |
| Topic 3: Accounting Setup and Security | 25% | - Implement data access security - Create and manage chart of accounts - Use Accounting Setup Manager - Define ledgers and ledger sets |
| Topic 4: Budgeting, Reporting and Period Close | 20% | - Set up and maintain budgets - Use summary accounts and balances - Execute period-end and year-end closing - Generate financial reports |
| Topic 5: E-Business Essentials | 20% | - Explain Multi-Org fundamentals - Navigate R12 Oracle Applications - Understand flexfields and Web ADI - Describe E-Business Suite architecture and shared entities |




