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Updated: Sep 16, 2026
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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Multi-Currency
The following will be discussed here:
- Describe overview of Secondary Tracking Segment
- Explain Multi-Currency concepts
- Translate functional balances into foreign currency
- Multi-Currency
- Perform Revaluation of foreign currency balances
- Use Currency Rate Manager
- Use Foreign Currency Reports
- Perform Foreign currency journals Entry
Oracle 1Z1-516 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 12 Financial Management Certified Implementation Specialist Oracle General Ledger Certified Implementation Specialist |
| Real Exam Qty: | 64 |
| Passing Score: | 60% |
| Exam Format: | Multiple Choice |
| Available Languages: | English |
| Sample Questions: | Oracle 1Z1-516 Sample Questions |
| Exam Way: | Pearson VUE testing center or Oracle-authorized exam delivery platform. |
| Pre Condition: | Recommended for Oracle Partner Network members and implementation consultants with experience in Oracle E-Business Suite Financial Management modules. No mandatory prerequisite exam published. |
| Official Syllabus URL: | https://education.oracle.com/oracle-e-business-suite-r12-1-general-ledger-essentials/pexam_1Z0-516 |
Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Oracle General Ledger Process
The following will be discussed here:
- Identify the steps required to complete the accounting cycle using Oracle General Ledger
- Manage Data Access Security for Legal Entities and Ledgers
- Control security of Management Reporting
- Describe the integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systems
- Explain implementation considerations for setting up and using Oracle General Ledger and Oracle eBusiness Suite
- Describe an overview of Accounting Setup Manager, currency concepts, budgeting, EPB, reporting & analysis
- Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
- Explain key Advanced Security setups and process
- Advanced Security
- Manage Data Access Sets
- Oracle General Ledger Process
How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs
- Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
- No. of Questions: 80 Questions
- Length of Exam: 150 min
- Types of questions: Performance Based Questions
- Examination Fees: $250 USD
- Passing Score: 60% or higher
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
- Implementers
- Business Users
Oracle 1Z1-516 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: General Ledger | - Advanced Security
|
| Topic 2: E-Business Essentials | - Introduction to Oracle Applications R12
|
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