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Last Updated: Oct 03, 2026

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How to Prepare For Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516

Preparation Guide for Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516

Introduction

The Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle General Ledger certification will help you build a functional foundation in E-Business Essentials. Certify your ability to access and navigate the R12 E-Business Suite, enter data, retrieve information in the form of a query and access online help to give yourself an edge against other candidates in the job market.

You will also develop a deeper understanding of Oracle General Ledger. Building these skills will allow you to perform simultaneous accounting for multiple reporting requirements and access and process data for multiple ledgers and legal entities at the same time. This is done using the power of ledger sets. OPN Members earning this certification will be recognized as OPN Certified Specialists, which helps their companies qualify for the Oracle E-Business Suite Financial Management Specialization.

This certification is for:

  • Implementers
  • Administrators
  • Business Users

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How much Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516 costs

  • Examination Fees: $250 USD
  • No. of Questions: 80 Questions
  • Examination Name: Oracle E-Business Suite R12.1 General Ledger Essentials 1z0-516
  • Length of Exam: 150 min
  • Passing Score: 60% or higher
  • Types of questions: Performance Based Questions

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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Oracle 1Z1-516 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Journal Processing20%- Handle journal reversals and approvals
- Create, review, and post journal entries
- Manage recurring and mass allocation journals
Topic 2: Accounting Setup and Security25%- Define ledgers and ledger sets
- Use Accounting Setup Manager
- Create and manage chart of accounts
- Implement data access security
Topic 3: Budgeting, Reporting and Period Close20%- Use summary accounts and balances
- Generate financial reports
- Set up and maintain budgets
- Execute period-end and year-end closing
Topic 4: E-Business Essentials20%- Understand flexfields and Web ADI
- Explain Multi-Org fundamentals
- Describe E-Business Suite architecture and shared entities
- Navigate R12 Oracle Applications
Topic 5: Multi-Currency and Consolidations15%- Define and use multiple currencies
- Translate and revalue balances
- Perform consolidations and elimination sets

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