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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:

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

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Certification Path

Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 is a fundamental exam. Successful completion by candidates will allow them to achieve Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger status.

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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Real exam environment

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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:

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