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Oracle EBS R12.1 General Ledger Essentials : 1Z1-516

1Z1-516

Exam Code: 1Z1-516

Exam Name: Oracle EBS R12.1 General Ledger Essentials

Updated: Jul 22, 2026

Q & A: 180 Questions and Answers

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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.

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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How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs
  • Length of Exam: 150 min
  • No. of Questions: 80 Questions
  • Examination Fees: $250 USD
  • Passing Score: 60% or higher
  • Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
  • Types of questions: Performance Based Questions
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Oracle 1Z1-516 Exam Syllabus Topics:
SectionObjectives
Topic 1: General Ledger- Advanced Security
  • 1. Data Access Sets
  • 2. Ledger and Legal Entity Security
- Financial Budgeting
  • 1. Budget Control and Analysis
  • 2. Budget Definition and Maintenance
- Journal Processing
  • 1. Journal Approval and Posting
  • 2. Journal Entry Creation
  • 3. Recurring Journals
  • 4. Mass Allocations
- Accounting Setups
  • 1. Ledger Configuration
  • 2. Accounting Calendar Setup
  • 3. Currency Configuration
  • 4. Chart of Accounts Structure
- Financial Reporting
  • 1. Financial Statement Generator
  • 2. Account Analysis and Inquiry
  • 3. General Ledger Reporting
- Consolidations
  • 1. Consolidation Processing
  • 2. Ledger Consolidation Concepts
Topic 2: E-Business Essentials- Fundamentals of Flexfields
  • 1. Key Flexfields
  • 2. Descriptive Flexfields
- Introduction to Oracle Applications R12
  • 1. E-Business Suite Footprint and Components
  • 2. Oracle E-Business Suite Architecture and Navigation
- Shared Entities and Integration
  • 1. Shared Data Model
  • 2. Integration Across Financial Modules
- Fundamentals of Multi-Org
  • 1. Enhanced Multi-Org Access Control
  • 2. Business Group and Operating Unit Concepts
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