Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Introduction to Oracle Applications R12

The following will be discussed here:

• Define Key Flexfields
• Fundamentals of Flexfields
• Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
• Import journal entry information using the GL_INTERFACE table
• Identify the steps to implement a Flexfield
• Describe the different Journal Posting options
• Basic Journal Entries
• Explain Workflow concepts
• Explain the footprint of R12 E-Business Suite
• Define Web ADI setup options for key flexfields
• Describe the benefits of Workflow
• Describe R12 E-Business Suite architecture
• Describe how journal entries are positioned in the accounting cycle
• Define value sets and values
• Fundamentals of Workflow and Alerts
• Plan the key elements of Web Applications Desktop Integrator (Web ADI)
• Describe Flexfields and their components
• Introduction to Oracle Applications R12
• Describe the benefits of R12 E-Business Suite
• Utilize Web ADI profile options, forms functions, menus, and responsibilities
• Define Descriptive Flexfields

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:

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

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