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

  • Exam Code: 1Z0-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Jun 21, 2026
  • Q & A: 180 Questions and Answers

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

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

The following will be discussed here:

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

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

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Multi-Currency

The following will be discussed here:

  • Use Foreign Currency Reports
  • Use Currency Rate Manager
  • Multi-Currency
  • Perform Revaluation of foreign currency balances
  • Translate functional balances into foreign currency
  • Explain Multi-Currency concepts
  • Describe overview of Secondary Tracking Segment
  • Perform Foreign currency journals Entry

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Certification Path

Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 is a fundamental exam. Successful completion by candidates will allow them to achieve Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger status.

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