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Oracle 1Z1-1004 exam covers a wide range of topics related to financial management, including financial accounting, financial reporting, financial analysis, and financial consolidation. Candidates will be tested on their ability to configure chart of accounts, accounting rules, ledgers, and subledgers. They will also be tested on their ability to manage journal entries, create financial reports, and perform financial analysis using Oracle Financials Cloud: General Ledger 2018.
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Oracle Financials Cloud: General Ledger 2018 is a cloud-based application that is designed to help organizations manage their financial operations. The application provides real-time financial analytics, streamlined financial processes, and powerful reporting capabilities. Oracle Financials Cloud: General Ledger 2018 Implementation Essentials certification exam covers topics such as setting up and managing accounting configurations, managing currencies and calendars, managing journals and financial reporting, and managing accounting periods and hierarchies.
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Oracle 1Z1-1004 exam is intended for candidates who have experience working with the Oracle Financials Cloud application or have completed relevant training on the technology. 1Z1-1004 exam tests a candidate's knowledge of various topics, including configuring charts of accounts, defining accounting rules, implementing suppliers and customers, and generating period end reports.
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Oracle 1Z1-1004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Budgetary Control and Encumbrance | 15% | - Analyze budget consumption - Process budget and encumbrance journals - Set up encumbrance accounting - Configure budgetary control |
| Enterprise Structures | 15% | - Set up accounting calendar and periods - Configure legal entity structure - Define chart of accounts - Define ledgers and ledger sets |
| Intercompany Processing | 10% | - Perform intercompany reconciliation - Set up intercompany system options - Design intercompany chart of accounts - Process intercompany transactions and balancing |
| Journal Processing | 20% | - Define secondary ledgers and reporting currencies - Set up allocations and periodic entries - Process manual journal entries - Configure automated journals and approval rules |
| Subledger Accounting | 15% | - Process subledger accounting entries - Define journal line and description rules - Create and manage accounting rules |
| Reporting and Analytics | 15% | - Perform Smart View analysis - Use OTBI and GL subject areas - Use General Accounting dashboard - Configure Financial Reporting Studio |
| Period Close | 10% | - Process revaluation and translation - Perform consolidation activities - Execute period close process |
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