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Candidates for 1Z1-1004 exam should possess prior knowledge of accounting principles and be familiar with implementing and customizing financial applications with the Oracle Financials Cloud: General Ledger Implementation. 1Z1-1004 exam is intended for candidates who are looking to work in the Oracle EPM (Enterprise Performance Management) field or those who are responsible for ensuring a thriving Oracle General Ledger system. 1Z1-1004 exam validates your understanding of essential financial management concepts, key functionalities of the Oracle Financials Cloud: General Ledger 2018 Implementation, and how to carry out the implementation of the system in an organization effectively.
To earn the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials certification, you must pass the 1Z1-1004 exam with a score of at least 65 percent. 1Z1-1004 exam includes 76 multiple-choice questions, and you have two hours to complete it. 1Z1-1004 exam covers a wide range of topics, including General Ledger Implementation, Analyzing Transactions, Intercompany Transactions, Budgeting, Reporting and Intelligence, Tax, Assets and Accounting for Assets, and Consolidation, Currency, and Revaluation. To succeed on 1Z1-1004 exam, you must have a strong understanding of all of these topics.
Oracle 1Z1-1004 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Period Close | - Perform Close Processes - Manage Accounting Periods - Monitor Close Status |
| Topic 2: Reporting and Dashboards | - Smart View Integration - BI Publisher Reporting - Oracle Transactional Business Intelligence - Financial Reporting Center |
| Topic 3: Budgetary Control and Encumbrance Accounting | - Configure Encumbrance Accounting - Configure Budgetary Control - Manage Funds Checking |
| Topic 4: Intercompany Processing | - Manage Intercompany Transactions - Configure Intercompany Organizations - Perform Intercompany Reconciliation |
| Topic 5: Journal Processing | - Use Spreadsheet Integration - Configure Recurring Journals - Manage Journal Approval - Create and Post Journals |
| Topic 6: Enterprise Structures | - Configure Trees and Hierarchies - Manage Cross-Validation Rules - Manage Value Sets - Configure Chart of Accounts |
| Topic 7: Subledger Accounting | - Transfer and Post Subledger Entries - Configure Accounting Methods - Manage Accounting Rules |
| Topic 8: General Setup | - Configure Ledgers - Manage Accounting Calendars - Configure Currencies - Manage Legal Entities and Business Units |
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