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Oracle 1Z0-516

1Z0-516

Exam Code: 1Z0-516

Exam Name: Oracle EBS R12.1 General Ledger Essentials

Updated: Apr 05, 2025

Q&A Number: 180 Q&As

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About Oracle 1Z0-516 Exam dumps / Bootcamp

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
  • Business Users
  • Implementers

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

The following will be discussed here:

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

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.

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

Average Salary of Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516Certified Professionals

The average salary:

  • United State - 151,682 USD
  • England - 75,267 POUND
  • Europe - 100,440 EURO
  • India - 6,71,117 INR

Along with the coming of the information age, the excellent IT skills are the primary criterion for selecting talent of enterprises. Oracle Certification gives an IT a credential that is recognized in the IT industry. It can act as a passport to a well-rewarded job, smooth the path to promotion or higher earnings. Here, Oracle certification 1Z0-516 exam (Oracle EBS R12.1 General Ledger Essentials) is a very important exam to help you get better progress and to test your IT skills.

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