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

The average salary:

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

For more info read reference:

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 E-Business Essentials

The following will be discussed here:

Use Forms and Menus
Explain shared entities within R12 E-Business Suite
Run and monitor Reports and Programs
Access online Help
Log out of Oracle Applications
Describe key integration points and business flows between products in E-Business Suite (EBS)
Enter data using Forms
Navigating in R12 Oracle Applications
Search for data using Forms
Log in to Oracle Applications
Navigate from Personal Home Page to Applications
E-business Essentials
Identify Key Business Flows and products involved in E-Business Suite (EBS)
Choose a responsibility
Create Favorites and set Preferences
Shared Entities and Integration

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

The following will be discussed here:

Describe the business benefits of using Oracle General Ledger's Advanced Journal Entry functions
Explain the accounting cycle
Explain AutoScheduling
Define How Parent Values/ Rollup Groups are used in General Ledger
Plan and maintain Summary Account structures
Period Close
Perform journal import of subledger balances
Consolidate account balances
Use Budgetary Control & maintain Summary accounts
Perform key steps in the close process
Explain the Period Closing Process and Reports
Determine how Summary Templates are used
Describe key issues and considerations when implementing Advanced Journal Entry
Summary Accounts
Perform Subledger Reconciliation
Describe the Journal Scheduling process
Explain summary accounts and how they are used in General Ledger

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

Oracle 1Z1-516 Exam Syllabus Topics:

Section	Objectives
Topic 1: 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
Topic 2: Period Close Process	- Month-End Closing 1. Period close activities 2. Adjusting entries
Topic 3: Account Management	- Budgeting 1. Budgetary control 2. Budget creation and maintenance - Account Reconciliation 1. Reconciliation processes 2. Clearing accounts
Topic 4: Journal Processing	- Journal Approval and Posting 1. Posting processes 2. Approval workflows - Journal Entry Management 1. Manual journal entries 2. Recurring journals
Topic 5: Financial Reporting	- Standard Reports 1. Trial balance reports 2. Financial statements - Reporting Tools 1. Ad hoc reporting 2. Financial Statement Generator (FSG)