How to book the Oracle Planning 2020 Implementation Essentials 1z0-516
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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Multi-Currency
The following will be discussed here:
- Translate functional balances into foreign currency
- Describe overview of Secondary Tracking Segment
- Multi-Currency
- Use Foreign Currency Reports
- Use Currency Rate Manager
- Perform Foreign currency journals Entry
- Explain Multi-Currency concepts
- Perform Revaluation of foreign currency balances
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Oracle 1Z1-516 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Accounting Setup and Security | 25% | - Implement data access security - Define ledgers and ledger sets - Use Accounting Setup Manager - Create and manage chart of accounts |
| E-Business Essentials | 20% | - Explain Multi-Org fundamentals - Describe E-Business Suite architecture and shared entities - Understand flexfields and Web ADI - Navigate R12 Oracle Applications |
| Multi-Currency and Consolidations | 15% | - Translate and revalue balances - Perform consolidations and elimination sets - Define and use multiple currencies |
| Budgeting, Reporting and Period Close | 20% | - Execute period-end and year-end closing - Set up and maintain budgets - Generate financial reports - Use summary accounts and balances |
| Journal Processing | 20% | - Handle journal reversals and approvals - Create, review, and post journal entries - Manage recurring and mass allocation journals |
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