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

  • Exam Code: 1Z0-516
  • Exam Name: Oracle EBS R12.1 General Ledger Essentials
  • Updated: Aug 11, 2026     Q & A: 180 Questions and Answers

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About Oracle 1Z0-516 Exam

The Oracle 1Z0-516 exam is an important requirement for anyone who wants to become a certified Oracle professional. Oracle EBS R12.1 General Ledger Essentials certification provides IT professionals with the knowledge and skills needed to work in a variety of settings, including IT consulting firms, government agencies, and large corporations.

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 1Z1-516, also known as the Oracle EBS R12.1 General Ledger Essentials Exam, is a certification exam that focuses on assessing the skills and knowledge of candidates on Oracle E-Business Suite (EBS) R12.1 General Ledger. 1Z0-516 exam is designed for professionals who have experience in implementing and managing Oracle EBS R12.1 General Ledger applications. The Oracle 1Z1-516 exam is intended to evaluate the candidate's understanding of the fundamental concepts and features of Oracle EBS R12.1 General Ledger, including the setup and configuration of the application, journal entries, period closing, and financial reporting.

Oracle 1Z0-516 Exam Syllabus Topics:

SectionObjectives
Topic 1: General Ledger- Accounting Setups
  • 1. Ledger Configuration
  • 2. Chart of Accounts Structure
  • 3. Accounting Calendar Setup
  • 4. Currency Configuration
- Journal Processing
  • 1. Recurring Journals
  • 2. Journal Approval and Posting
  • 3. Journal Entry Creation
  • 4. Mass Allocations
- Consolidations
  • 1. Consolidation Processing
  • 2. Ledger Consolidation Concepts
- Financial Reporting
  • 1. Account Analysis and Inquiry
  • 2. General Ledger Reporting
  • 3. Financial Statement Generator
- Financial Budgeting
  • 1. Budget Definition and Maintenance
  • 2. Budget Control and Analysis
- Advanced Security
  • 1. Data Access Sets
  • 2. Ledger and Legal Entity Security
Topic 2: E-Business Essentials- Introduction to Oracle Applications R12
  • 1. Oracle E-Business Suite Architecture and Navigation
  • 2. E-Business Suite Footprint and Components
- Fundamentals of Flexfields
  • 1. Key Flexfields
  • 2. Descriptive Flexfields
- Fundamentals of Multi-Org
  • 1. Business Group and Operating Unit Concepts
  • 2. Enhanced Multi-Org Access Control
- Shared Entities and Integration
  • 1. Integration Across Financial Modules
  • 2. Shared Data Model

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