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

The following will be discussed here:

Utilize the Account Hierarchy Manager to view and maintain Accounting Flexfield values
Perform the Secondary Ledger Setup steps
Explain overview of Consolidations and their positioning within the Oracle General Ledger business flow
Describe the various Subledger Accounting Options
Identify the key implementation issues regarding consolidations
Use Standard reports and inquiry options available for consolidations Ledger
Use the features and functionality of Global Consolidation System (GCS)
Describe the basic components of Accounting Setup
Describe the important elements for creating a Chart of Accounts structure
Perform the Primary Ledger Setup steps
Create eliminating entries
Accounting Setups
Create Accounting Setups
Creating a new Accounting Flexfield structure
Describe the elements required to create a ledger within Oracle General Ledger
Use the elements of the Consolidation Workbench
Consolidations
Describe Ledger Balancing Segment Value Assignments
Complete Accounting Setup

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