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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 Multi-Currency
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- Multi-Currency
- Explain Multi-Currency concepts
- Translate functional balances into foreign currency
- Use Currency Rate Manager
- Describe overview of Secondary Tracking Segment
- Use Foreign Currency Reports
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The following will be discussed here:
- Describe the Journal Scheduling process
- Explain the Period Closing Process and Reports
- Perform Subledger Reconciliation
- Perform key steps in the close process
- Perform journal import of subledger balances
- Explain summary accounts and how they are used in General Ledger
- Describe the business benefits of using Oracle General Ledger's Advanced Journal Entry functions
- Explain AutoScheduling
- Consolidate account balances
- Define How Parent Values/ Rollup Groups are used in General Ledger
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- Summary Accounts
- Period Close
- Explain the accounting cycle
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Oracle 1Z0-516 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Account Management | - Budgeting
|
| General Ledger Setup | - Ledger Configuration
|
| Period Close Process | - Month-End Closing
|
| Financial Reporting | - Standard Reports
|
| Journal Processing | - Journal Entry Management
|
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