Oracle E-Business Suite R12: General Ledger and Receivables Fundamentals

Exam Number:	1Z0-216
Associated Certifications:	Oracle E-Business Suite R12 Financials Certified Expert Consultant, Receivables Oracle E-Business Suite R12 Financial Management Implementation Specialist – Receivables Oracle E-Business Suite R12 Financial Management Implementation Specialist – General Ledger OPN Certified Specialist
Exam Price:	$195 US
Exam Registration:	Register Registration now open. Beta exam ended on April 15, 2009.

Duration:

150 minutes

Number of Questions:

110

Passing Score:

General Ledger: 62%
Receivables: 60%

Candidates will receive a beta exam score report approximately 10 weeks after the close of the Beta Exam

Passing score subject to change. View Details

Recommended Training and Preparation

R12 Oracle General Ledger Management Fundamentals
AND
R12 Oracle Receivables Management Fundamentals

Training Opportunities for Oracle Partner Network Members

Additional Information & Resources

Exam Retake Policy
Sample Questions

Exam Topics

Click the category would you like to see
General Ledger - Receivables Fundamentals

Oracle General Ledger Process
[ ]	Identify the steps required to complete the accounting cycle using Oracle General Ledger
[ ]	Describe how Oracle General Ledger integrates with other Oracle eBusiness applications
[ ]	Describe the integration of Oracle General Ledger with Oracle Subledgers & non-Oracle systems
[ ]	Explain implementation considerations for setting up and using Oracle General Ledger and Oracle eBusiness Suite
[ ]	Describe an overview of Accounting Setup Manager, currency concepts, budgeting, EPB, reporting & analysis

Basic Journal Entries
[ ]	Describe how journal entries are positioned in the accounting cycle
[ ]	Describe the different Journal Posting options
[ ]	Define how to perform Account Inquiries & Drilldown to Oracle Subledger Applications
[ ]	Import journal entry information using the GL_INTERFACE table
[ ]	Plan the key elements of Web Applications Desktop Integrator (Web ADI)
[ ]	Define Web ADI setup options for key flexfields
[ ]	Utilize Web ADI profile options, forms functions, menus, and responsibilities

Advanced Security
[ ]	Manage Data Access Security for Legal Entities and Ledgers
[ ]	Explain key Advanced Security setups and process
[ ]	Manage Data Access Sets
[ ]	Control security of Management Reporting

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

Financial Reporting
[ ]	Explain the positioning of Financial Reporting within the Oracle General Ledger business flow
[ ]	Build basic reports
[ ]	Use key elements of the Financial Statement Generator (FSG) for creating financial reports
[ ]	Use Standard listing reports available for FSG report definitions
[ ]	Create FSG Reports with XML Publisher
[ ]	Use Web ADI for Financial Reporting
[ ]	Explain key implementation issues regarding Oracle General Ledger financial reporting

Accounting Setup Manager
[ ]	Describe the components of Ledger Processing options
[ ]	Describe Secondary Ledgers & Reporting Currencies
[ ]	Describe Accounting Setup considerations with one legal entity
[ ]	Describe Accounting Setup considerations with multiple legal entities
[ ]	Describe Accounting Setup considerations with no legal entities

Accounting Setups
[ ]	Create Accounting Setups
[ ]	Describe the various Subledger Accounting Options
[ ]	Perform the Primary Ledger Setup steps
[ ]	Describe Ledger Balancing Segment Value Assignments
[ ]	Perform the Secondary Ledger Setup steps
[ ]	Complete Accounting Setup

Advanced Journal Entries
[ ]	Create Recurring Journals
[ ]	Formulate Mass Allocation Journals
[ ]	Describe AutoAllocations and related implementation considerations
[ ]	Explain AutoScheduling
[ ]	Describe the Journal Scheduling process
[ ]	Describe key issues and considerations when implementing Advanced Journal Entry
[ ]	Describe the business benefits of using Oracle General Ledger's Advanced Journal Entry functions

Consolidations
[ ]	Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
[ ]	Identify the key implementation issues regarding consolidations
[ ]	Use the features and functionality of Global Consolidation System (GCS)
[ ]	Use the elements of the Consolidation Workbench
[ ]	Create eliminating entries
[ ]	Use Standard reports and inquiry options available for consolidations

Ledger
[ ]	Describe the elements required to create a ledger within Oracle General Ledger
[ ]	Describe the basic components of Accounting Setup
[ ]	Describe the important elements for creating a Chart of Accounts structure
[ ]	Creating a new Accounting Flexfield structure
[ ]	Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values

Summary Accounts
[ ]	Explain summary accounts and how they are used in General Ledger
[ ]	Define How Parent Values/ Rollup Groups are used in General Ledger
[ ]	Determine how Summary Templates are used
[ ]	Use Budgetary Control & maintain Summary accounts
[ ]	Plan and maintain Summary Account structures

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

Period Close
[ ]	Explain the accounting cycle
[ ]	Perform key steps in the close process
[ ]	Perform journal import of subledger balances
[ ]	Perform Subledger Reconciliation
[ ]	Explain the Period Closing Process and Reports
[ ]	Consolidate account balances

Process Invoices UsingAutoInvoice
[ ]	Describe the AutoInvoice process
[ ]	Use AutoInvoice
[ ]	Understand error correction using AutoInvoice Exception Handling

Bill Presentment Architecture
[ ]	Explain bill presentment architecture processes
[ ]	Register data sources
[ ]	Create templates to present bills
[ ]	Define rules to assign templates to customers
[ ]	Print BPA transactions

Receipts
[ ]	Describe the receipt process
[ ]	Apply receipts using different methods
[ ]	Create chargebacks, adjustments and claims
[ ]	Use balancing segments
[ ]	Apply non-manual receipts
[ ]	Create receipts utilizing different methods

Period Closing Process
[ ]	Describe the sub ledger accounting process in Receivables
[ ]	Define the various actions required to close a period in the Order to Cash flow
[ ]	Describe the available reports to assist in the closing process
[ ]	Explain the Create Accounting program and the Revenue Recognition program

Order to Cash Lifecycle Overview
[ ]	Describe the overall Order to Cash process from Order Entry through Bank Reconciliation
[ ]	Discuss the key areas in the Order to Cash lifecycle
[ ]	Describe integration between applications

Manage Parties and Customer Accounts
[ ]	Define the features that let you enter and maintain party and customer account information
[ ]	Create profile classes and assign them to customer accounts
[ ]	Create and maintain party and customer account information
[ ]	Merge parties and customer accounts
[ ]	Enable customer account relationships
[ ]	Define TCA party paying relationships
[ ]	View party and customer account information
[ ]	Define setup options

Credit Management
[ ]	Set up for credit management
[ ]	Demonstrate credit profile changes
[ ]	Identify credit management processing
[ ]	Use workflow and lookups
[ ]	Review credit management performance
[ ]	Apply credit hierarchy

Implement Receipts
[ ]	Enter setup information relating to receipts
[ ]	Discuss implementation considerations for Receipts

Overview of Oracle Receivables Process
[ ]	Explain where the Receivables process is positioned within the Order to Cash lifecycle
[ ]	Describe the overall Receivables process
[ ]	Explain the key areas in the Receivables process
[ ]	Identify open interfaces to import data into Receivables

Process Invoices
[ ]	Describe how the processing of invoices fits into the Receivables process
[ ]	Enter and complete invoices
[ ]	Perform other invoice actions
[ ]	Correct invoices
[ ]	Print transactions and statements
[ ]	Use event-based management

Implement Customer Invoicing
[ ]	Enter setup information related to invoicing
[ ]	Discuss the major implementation considerations for customer invoicing

Tax Processing
[ ]	Understand the E-Business Tax and Receivables Tax Process
[ ]	Define Receivables Setup Steps for Tax
[ ]	Manage Tax Accounting and Tax Adjustments

Oracle Certification Program Fraudulent Activity Policy

Oracle reserves the right to take action against any candidate involved in fraudulent activities, including, but not limited to, fraudulent use of vouchers, promotional codes, reselling exam discounts and vouchers, cheating on an exam, alteration of score reports, alteration of completion certificates, violation of exam retake policies or other activities deemed fraudulent by Oracle.

If Oracle determines, in its sole discretion, that fraudulent activity has taken place, it reserves the right to take action up to and including, but not limited to, decertification of a candidate's Oracle Certified Associate, Oracle Certified Professional and/or OCM credentials, temporary, indefinite or permanent ban of a candidate from Oracle certification programs, notification to a candidate's employer, and notification to law enforcement agencies. Candidates found committing fraudulent activities forfeit all fees previously paid to Oracle, or to Oracle's authorized vendors, and may be required to pay additional fees for services rendered.

View the Oracle Certification Program Candidate Agreement which requires your agreement before the start of each exam.