Oracle EBS R12.1 General Ledger Essentials : 1Z0-516

Exam Code: 1Z0-516

Exam Name: Oracle EBS R12.1 General Ledger Essentials

Updated: Aug 17, 2026

Q & A: 180 Questions and Answers

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About Oracle EBS R12.1 General Ledger Essentials : 1Z0-516 Exam

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Financial Reporting

The following will be discussed here:

  • Use key elements of the Financial Statement Generator (FSG) for creating financial reports
  • Explain key implementation issues regarding Oracle General Ledger financial reporting
  • Explain the positioning of Financial Reporting within the Oracle General Ledger business flow
  • Financial Reporting
  • Create FSG Reports with XML Publisher
  • Build basic reports
  • Use Web ADI for Financial Reporting
  • Use Standard listing reports available for FSG report definitions

How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs

  • Length of Exam: 150 min
  • Passing Score: 60% or higher
  • Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
  • Types of questions: Performance Based Questions
  • Examination Fees: $250 USD
  • No. of Questions: 80 Questions

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1Z0-516 exam dumps

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1z0-516 Official Certification Site

Oracle Cloud Learning Resources

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

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Oracle 1Z0-516 Exam Syllabus Topics:

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

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