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Obtaining the Oracle 1Z0-1081-21 certification demonstrates your proficiency in implementing Oracle FCC 2021, a powerful financial consolidation and close solution. Oracle Financial Consolidation and Close 2021 Implementation Essentials certification is intended for finance professionals who want to prove their expertise in managing financial processes and improving financial reporting. To prepare for the exam, Oracle recommends taking their training courses and gaining hands-on experience with Oracle FCC 2021 in a production environment.
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Oracle Financial Consolidation and Close 2021 Implementation Essentials Certification Exam, also known as the Oracle 1Z0-1081-21 Exam, is designed for professionals who want to demonstrate their expertise in implementing and managing financial consolidation solutions using Oracle technology. 1Z0-1081-21 exam is intended for individuals who work as finance managers, financial analysts, accountants, or IT professionals involved in financial consolidation and close processes.
Reference: https://education.oracle.com/oracle-financial-consolidation-and-close-2021-implementation-essentials/pexam_1Z0-1081-21
The Oracle 1Z0-1081-21 exam requires a sound understanding of financial consolidation and close processes, including the ability to set up legal entities, create consolidation structures, and manage intercompany transactions. 1Z0-1081-21 exam also tests candidates' knowledge of system configuration, including the ability to set up consolidation rules, manage data sources, and configure currency translation. Candidates are also tested on their knowledge of security and reporting, including the ability to set up security profiles and generate financial reports.
Oracle 1Z0-1081-21 Exam Syllabus Topics:
| Section | Objectives |
| Topic 1: Set Up and Run Consolidations | - Configure consolidation methods
- Execute and validate consolidations
|
| Topic 2: Financial Consolidation and Close Overview | - Overview of Oracle Financial Consolidation and Close capabilities
- Key features and benefits
|
| Topic 3: Set Up the Financial Consolidation and Close Business Process | - Run setup wizards and configure business processes
- Assign security roles and users
|
| Topic 4: Build Out Your Financial Consolidation and Close Solution | - Configure additional application settings
- Automation and efficiencies
|
| Topic 5: Manage Dimensions | - Dimension creation and editing
- Importing and managing dimension members
|
| Topic 6: Integrate Data from Source Systems Using Data Management | - Data import formats and mappings
- Data load rules and processing
|
| Topic 7: Set Up Advanced Consolidations | - Special scenarios and intercompany eliminations
- Advanced consolidation options
|
| Topic 8: Managing Business Process Data | - Review and monitor consolidation data
- Maintain data integrity
|
| Topic 9: Design Reports and Dashboards | - Dashboard setup and analytics
- Create and customize reports
|