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- Total Questions: 180
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- Examination Fees: $250 USD
- Length of Exam: 150 min
- Types of questions: Performance Based Questions
- Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
- No. of Questions: 80 Questions
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- Use the features and functionality of Global Consolidation System (GCS)
- Describe the basic components of Accounting Setup
- Perform the Primary Ledger Setup steps
- Describe Ledger Balancing Segment Value Assignments
- Use the elements of the Consolidation Workbench
- Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
- Accounting Setups
- Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
- Creating a new Accounting Flexfield structure
- Describe the elements required to create a ledger within Oracle General Ledger
- Describe the various Subledger Accounting Options
- Perform the Secondary Ledger Setup steps
- Describe the important elements for creating a Chart of Accounts structure
- Use Standard reports and inquiry options available for consolidations Ledger
- Create Accounting Setups
- Create eliminating entries
- Consolidations
- Identify the key implementation issues regarding consolidations
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