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

The following will be discussed here:

• Define Multiple Organization (Multi-Org)
• Describe the types of organizations supported in the Multi-Org model
• Identify key implementation considerations for Multi-Org
• Fundamentals of Multi-Org
• Explain the entities of Multi-Org
• Define Multi-Org Access Control
• Explain how Multi-Org secures data
• Explain Enhanced Multiple-Organization Reporting
• Explain Multi-Org preferences
• Explain the concepts of subledger accounting

What is Implementation Essentials 1z0-516 Certification Exam and Retake policy

Oracle Cloud Certification credentials are valid for a period of 18 months from the date you earn the credential. The credential will become inactive at the end of 18 months. Oracle requires candidates to hold an active credential in order to access certain certification benefits including, without limitation, use of Oracle certification logos, e-Certificates, score reports, digital badges and certification verification.

All the candidates must wait 14 days before retaking a failed proctored exam. (Registration will be allowed on the 14th day). Candidates may not retake a passed exam at any time and may not retake a beta exam at any time. Also, candidates are only allowed 4 attempts to pass an exam in a 12-month period.

Get a sound understanding of Oracle E-Business Suite, including navigation, key business flows, functionality, and integration points between products. Smoothly implement and start using the applications, so that your organization can quickly realize the full value of Oracle E-Business Suite.

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

The following will be discussed here:

• Consolidations
• Create Accounting Setups
• Accounting Setups
• Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
• Use the features and functionality of Global Consolidation System (GCS)
• Describe the basic components of Accounting Setup
• Use the elements of the Consolidation Workbench
• Perform the Primary Ledger Setup steps
• Describe the various Subledger Accounting Options
• Describe the elements required to create a ledger within Oracle General Ledger
• Use Standard reports and inquiry options available for consolidations Ledger
• Describe the important elements for creating a Chart of Accounts structure
• Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
• Create eliminating entries
• Complete Accounting Setup
• Creating a new Accounting Flexfield structure
• Perform the Secondary Ledger Setup steps
• Identify the key implementation issues regarding consolidations
• Describe Ledger Balancing Segment Value Assignments

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