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

The following will be discussed here:

• Describe the Journal Scheduling process
• Explain the accounting cycle
• Use Budgetary Control & maintain Summary accounts
• Explain summary accounts and how they are used in General Ledger
• Plan and maintain Summary Account structures
• Explain AutoScheduling
• Explain the Period Closing Process and Reports
• Period Close
• Consolidate account balances
• Perform journal import of subledger balances
• Describe the business benefits of using Oracle General Ledger's Advanced Journal Entry functions
• Perform key steps in the close process
• Summary Accounts
• Describe key issues and considerations when implementing Advanced Journal Entry
• Define How Parent Values/ Rollup Groups are used in General Ledger
• Perform Subledger Reconciliation
• Determine how Summary Templates are used

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Oracle 1Z1-516 Exam Syllabus Topics:

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