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

The following will be discussed here:

• Formulate Mass Allocation Journals
• Advanced Journal Entries
• Create Recurring Journals
• Describe Accounting Setup considerations with multiple legal entities
• Describe the components of Ledger Processing options
• Describe AutoAllocations and related implementation considerations
• Accounting Setup Manager
• Describe Accounting Setup considerations with one legal entity
• Describe Accounting Setup considerations with no legal entities
• Describe Secondary Ledgers & Reporting Currencies

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

The following will be discussed here:

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

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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Financial Budgeting

The following will be discussed here:

• Translate budget balances
• Apply Budget Rules
• Explain the anatomy of a budget
• Explain the components of budget accounting cycle
• Review balances in Master/Detail budgets
• Define budget and budget organization
• Explain Budget Entry methods
• Transfer budget amounts
• Perform budget review and correction
• Plan Budget implementation requirements
• Financial Budgeting
• Create budgets with Budget Wizards
• Use available Standard budget reports

How to book the Oracle Planning 2020 Implementation Essentials 1z0-516

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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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