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Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
Oracle Financials Cloud: General Ledger 2018 Implementation Essentials 1Z0-1004 Exam is related to Oracle Financials Cloud General Ledger 2018 Certified Implementation Specialist Certification. This exam validates the Candidate ability to Enterprise structures, Journal Processing, sub-ledger accounting, intercompany processing, reporting and Analytics, period close, budgetary control, and encumbrance.
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The benefit in Obtaining the 1Z0-1004 Exam Certification
- Candidates will get in-depth knowledge by completing the courses along with the access to revision materials for 6 months upon completion means they will have a wider skill set when it comes to the various technologies and systems than an uncertified professional. Certified Professional in this particular skill set is 74% more efficient when it comes to completing their tasks in a timely well-executed manner.
- After completion of Oracle Financials Cloud General Ledger 2018 Certified Implementation Specialist Certification candidates receive official confirmation from Oracle that you are now fully certified in their chosen field. This can be now added to their CV, cover letters and job applications.
- Becoming Oracle Financials Cloud General Ledger 2018 Certified Implementation Specialist means one thing you are worth more to the company and therefore more to yourself in the form of an upgraded pay package. On average a Oracle Financials Cloud General Ledger 2018 Certified Implementation Specialist member of staff is estimated to be worth 30% more to a company than their uncertified professionals.
- Organization owners invest a lot in their employees when it comes to their training with the goal of making them quicker, more efficient, and more knowledgeable about their role. Certified Professional will reduce the time he spends on tasks, meaning he can get more done this could help reduce company downtime when repairing faults on a system or fixing hardware problems.
- When Candidates applying for a job or looking to promotion in their current position, a Oracle Financials Cloud General Ledger 2018 Certified Implementation Specialist certification in the field in which Candidates are applying will put you at the top of the list and make them a desirable candidate for employers.
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There are two main types of resources for preparation of certification exams first there are the study guides and the books that are detailed and suitable for building knowledge from ground up then there are video tutorial and lectures that can somehow ease the pain of through study and are comparatively less boring for some candidates yet these demand time and concentration from the learner. Smart Candidates who want to build a solid foundation in all exam topics and related technologies usually combine video lectures with study guides to reap the benefits of both but there is one crucial preparation tool as often overlooked by most candidates the practice exams. Practice exams are built to make students comfortable with the real exam environment. Statistics have shown that most students fail not due to that preparation but due to exam anxiety the fear of the unknown. PrepAwayExam expert team recommends you to prepare some notes on these topics along with it don't forget to practice Oracle 1Z0-1004 exam dumps which have been written by our expert team, Both these will help you a lot to clear this exam with good marks.
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Who should take the 1Z0-1004 exam
The Oracle 1Z0-1004 Exam is an internationally recognized validation that identifies persons who earn it as possessing skilled as Oracle Financials Cloud General Ledger 2018 Certified Implementation Specialist. If candidates want significant improvement in career growth needs enhanced knowledge, skills, and talents. The Oracle Financials Cloud General Ledger 2018 Certified Implementation Specialist certification provides proof of this advanced knowledge and skill. If a candidate has knowledge of associated technologies and skills that are required to pass the Oracle 1Z0-1004 Exam then he should take this exam.
Oracle 1Z1-1004 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Journal Processing | 20% | - Define secondary ledgers and reporting currencies - Configure automated journals and approval rules - Set up allocations and periodic entries - Process manual journal entries |
| Topic 2: Period Close | 10% | - Perform consolidation activities - Process revaluation and translation - Execute period close process |
| Topic 3: Budgetary Control and Encumbrance | 15% | - Process budget and encumbrance journals - Set up encumbrance accounting - Analyze budget consumption - Configure budgetary control |
| Topic 4: Enterprise Structures | 15% | - Define ledgers and ledger sets - Configure legal entity structure - Define chart of accounts - Set up accounting calendar and periods |
| Topic 5: Reporting and Analytics | 15% | - Use OTBI and GL subject areas - Perform Smart View analysis - Use General Accounting dashboard - Configure Financial Reporting Studio |
| Topic 6: Intercompany Processing | 10% | - Set up intercompany system options - Perform intercompany reconciliation - Design intercompany chart of accounts - Process intercompany transactions and balancing |
| Topic 7: Subledger Accounting | 15% | - Create and manage accounting rules - Process subledger accounting entries - Define journal line and description rules |
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