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Updated: Nov 10, 2026

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Oracle EBS R12.1 General Ledger Essentials exam covers a range of topics, including journal entries, subledgers, financial reports, and period closing processes. It is designed to test your ability to configure, implement, and maintain the General Ledger module of the Oracle EBS application.

Oracle 1Z0-516 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle E-Business Suite R12.1 General Ledger Essentials
Exam Number:1Z0-516
Related Certifications:Oracle General Ledger Certified Implementation Specialist
Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist
Available Languages:English
Real Exam Qty:64
Passing Score:60%
Exam Format:Multiple Choice
Exam Duration:120 minutes
Sample Questions:Oracle 1Z0-516 Sample Questions
Exam Way:Pearson VUE testing center or Oracle-authorized exam delivery platform.
Pre Condition:Recommended for Oracle Partner Network members and implementation consultants with experience in Oracle E-Business Suite Financial Management modules. No mandatory prerequisite exam published.
Official Syllabus URL:https://education.oracle.com/oracle-e-business-suite-r12-1-general-ledger-essentials/pexam_1Z0-516

Oracle 1Z0-516 exam is a multiple-choice exam that consists of 80 questions. Candidates have 120 minutes to complete the exam, and they must score at least 60% to pass. 1Z0-516 exam is available in English and Japanese, and candidates can take the exam at any authorized testing center.

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-516

Oracle 1Z0-516 Exam Syllabus Topics:

SectionObjectives
Topic 1: E-Business Essentials- Fundamentals of Multi-Org
  • 1. Business Group and Operating Unit Concepts
  • 2. Enhanced Multi-Org Access Control
- Fundamentals of Flexfields
  • 1. Key Flexfields
  • 2. Descriptive Flexfields
- Shared Entities and Integration
  • 1. Integration Across Financial Modules
  • 2. Shared Data Model
- Introduction to Oracle Applications R12
  • 1. Oracle E-Business Suite Architecture and Navigation
  • 2. E-Business Suite Footprint and Components
Topic 2: General Ledger- Consolidations
  • 1. Ledger Consolidation Concepts
  • 2. Consolidation Processing
- Journal Processing
  • 1. Recurring Journals
  • 2. Journal Approval and Posting
  • 3. Mass Allocations
  • 4. Journal Entry Creation
- Advanced Security
  • 1. Ledger and Legal Entity Security
  • 2. Data Access Sets
- Financial Reporting
  • 1. Account Analysis and Inquiry
  • 2. General Ledger Reporting
  • 3. Financial Statement Generator
- Financial Budgeting
  • 1. Budget Definition and Maintenance
  • 2. Budget Control and Analysis
- Accounting Setups
  • 1. Accounting Calendar Setup
  • 2. Chart of Accounts Structure
  • 3. Currency Configuration
  • 4. Ledger Configuration

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