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1Z0-516
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Exam Code: 1Z0-516

Exam Name: Oracle EBS R12.1 General Ledger Essentials

Updated: Sep 09, 2026

Number: 180 Q&As with Testing Engine

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

The average salary:

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

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 concepts of subledger accounting
  • Fundamentals of Multi-Org
  • Explain Enhanced Multiple-Organization Reporting
  • Identify key implementation considerations for Multi-Org
  • Define Multiple Organization (Multi-Org)
  • Explain the entities of Multi-Org
  • Describe the types of organizations supported in the Multi-Org model
  • Define Multi-Org Access Control
  • Explain how Multi-Org secures data
  • Explain Multi-Org preferences

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

Oracle 1Z0-516 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle E-Business Suite R12.1 General Ledger Essentials
Exam Number:1Z0-516
Exam Duration:120 minutes
Related Certifications:Oracle E-Business Suite R12 Financials
Exam Format:Multiple Choice Questions
Available Languages:English
Recommended Training:Oracle E-Business Suite Financials Training
Exam Registration:Oracle Certification Registration
Sample Questions:Oracle 1Z0-516 Sample Questions
Exam Way:Computer-based proctored exam (online or test center depending on Oracle testing provider)
Pre Condition:Recommended familiarity with Oracle E-Business Suite Financials and basic accounting principles.
Official Syllabus URL:https://education.oracle.com

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:

  • Implementers
  • Administrators
  • Business Users

Oracle 1Z0-516 Exam Syllabus Topics:

SectionObjectives
General Ledger Setup- Ledger Configuration
  • 1. Accounting calendar definition
    • 2. Ledger creation and structure setup
      - Chart of Accounts
      • 1. Value sets and flexfields
        • 2. Segment structure design
          Financial Reporting- Standard Reports
          • 1. Financial statements
            • 2. Trial balance reports
              - Reporting Tools
              • 1. Ad hoc reporting
                • 2. Financial Statement Generator (FSG)
                  Journal Processing- Journal Approval and Posting
                  • 1. Posting processes
                    • 2. Approval workflows
                      - Journal Entry Management
                      • 1. Recurring journals
                        • 2. Manual journal entries
                          Period Close Process- Month-End Closing
                          • 1. Period close activities
                            • 2. Adjusting entries
                              Account Management- Account Reconciliation
                              • 1. Reconciliation processes
                                • 2. Clearing accounts
                                  - Budgeting
                                  • 1. Budgetary control
                                    • 2. Budget creation and maintenance

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