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

The following will be discussed here:

• Period Close
• Define How Parent Values/ Rollup Groups are used in General Ledger
• Perform key steps in the close process
• Explain summary accounts and how they are used in General Ledger
• Describe key issues and considerations when implementing Advanced Journal Entry
• Perform Subledger Reconciliation
• Summary Accounts
• Describe the Journal Scheduling process
• Use Budgetary Control & maintain Summary accounts
• Explain the Period Closing Process and Reports
• Explain the accounting cycle
• Consolidate account balances
• Plan and maintain Summary Account structures
• Describe the business benefits of using Oracle General Ledger's Advanced Journal Entry functions
• Determine how Summary Templates are used
• Perform journal import of subledger balances
• Explain AutoScheduling

For more info read reference:

1z0-516 Official Certification Site

Oracle Cloud Learning Resources

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

The following will be discussed here:

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

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

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