Oracle EBS R12.1 General Ledger Essentials : 1Z0-516 exam

1Z0-516 real exams

Exam Code: 1Z0-516

Exam Name: Oracle EBS R12.1 General Ledger Essentials

Updated: Aug 27, 2026

Q & A: 180 Questions and Answers

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Financial Reporting

The following will be discussed here:

  • Use key elements of the Financial Statement Generator (FSG) for creating financial reports
  • Explain key implementation issues regarding Oracle General Ledger financial reporting
  • Use Standard listing reports available for FSG report definitions
  • Explain the positioning of Financial Reporting within the Oracle General Ledger business flow
  • Build basic reports
  • Financial Reporting
  • Create FSG Reports with XML Publisher
  • Use Web ADI for Financial Reporting

How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs

  • Types of questions: Performance Based Questions
  • No. of Questions: 80 Questions
  • Passing Score: 60% or higher
  • Length of Exam: 150 min
  • Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
  • Examination Fees: $250 USD

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

For more info read reference:

1z0-516 Official Certification Site

Oracle Cloud Learning Resources

Oracle 1Z0-516 Exam Syllabus Topics:

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

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