Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 AutoScheduling
The following will be discussed here:
- Perform Subledger Reconciliation
- Explain the Period Closing Process and Reports
- Perform key steps in the close process
- Explain AutoScheduling
- Define How Parent Values/ Rollup Groups are used in General Ledger
- Describe key issues and considerations when implementing Advanced Journal Entry
- Determine how Summary Templates are used
- Perform journal import of subledger balances
- Describe the Journal Scheduling process
- Use Budgetary Control & maintain Summary accounts
- Consolidate account balances
- Period Close
- Describe the business benefits of using Oracle General Ledger's Advanced Journal Entry functions
- Plan and maintain Summary Account structures
- Explain summary accounts and how they are used in General Ledger
- Summary Accounts
- Explain the accounting cycle
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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Financial Budgeting
The following will be discussed here:
- Apply Budget Rules
- Explain the anatomy of a budget
- Create budgets with Budget Wizards
- Use available Standard budget reports
- Translate budget balances
- Financial Budgeting
- Define budget and budget organization
- Explain the components of budget accounting cycle
- Explain Budget Entry methods
- Transfer budget amounts
- Plan Budget implementation requirements
- Review balances in Master/Detail budgets
- Perform budget review and correction
Oracle 1Z1-516 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| E-Business Essentials | - Introduction to Oracle Applications R12
|
| General Ledger | - Journal Processing
|



