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Oracle Account Reconciliation 2022 Implementation Professional {1Z0-1087-22} Pdf Questions

Oracle Account Reconciliation 2022 Implementation Professional {1Z0-1087-22} Pdf Questions

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Oracle

Last Updated

29, Jan 2023

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  • Course Description

Are you looking for Oracle Account Reconciliation Implementation Professional exam questions or dumps to clear your exam in 1st attempt? you have reached to right exam questions website!

 

Our technical experts have prepared Oracle Account Reconciliation Implementation Professional dumps course comprises of all exam type questions. This course covers all topics of exam and with promise to clear it.

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Oracle Account Reconciliation Implementation Professional Exam Syllabus:

Solution Overview

  • Describe Reconciliation Compliance and Transaction Matching
  • Explain Processes for Reconciliation Compliance (5 step process)
  • Describe Reconciliation Methods (Balance Comparison, Account Analysis, Variance Analysis, Balance Comparison with Transaction Matching, Account Analysis with Transaction Matching, and Transaction Matching Only)
  • Describe user roles (Administrator, Power User, User, Viewer)

Configuring Reconciliation Compliance

  • Create and manage Formats
  • Create and manage Profiles (Manual entry, copy & paste, delete, export and import; change threshold)
  • Import and Export Teams

Managing Reconciliations

  • Describe Individual, Group, and Summary Reconciliations
  • Create and delete Reconciliations
  • Manage Period Status
  • Transfer reconciliations between users
  • Review, Approve, Reject, and Reopen reconciliations

Loading Data

  • Describe methods of loading data (including EPM Automate and REST APIs)
  • Load manual Pre-mapped data
  • Import Data Using Data Management
  • Load Data Using Data Integration

Creating and Managing Rules

  • Add calculated attributes and filters
  • Describe the Types of Rules
  • Add Rules to Formats and Profiles
  • Publish Filters

Configuring Transaction Matching

  • Create Match Types (Data Sources, Attributes, Transaction Types)
  • Configure Match Processes (including matching rules)
  • Create Formats and Profiles for Transaction Matching reconciliations
  • Export and Import Match Types
  • Import Transactions to Data Sources

Perform Transaction Matching

  • Explain Transaction Matching Processes – Load data, run Auto Match, Confirm Suggested Matches, Create Manual Matches
  • Identify Use Cases – Clearing or Accrual Reconciliations, Reconciling Debits and Credits
  • Export adjustments or transactions as journal entries

Analyzing Transaction Matches

  • Describe 5 balancing scenarios (Golden Rules)
  • Review Transaction Matching Period-End Balancing

Setting Up the System

  • Discuss Profile Segments
  • Define Currency Rates and Currency Buckets
  • Set Up Organization Units and Calendars
  • Configure Periods
  • Set Up Teams

 

Official Oracle Account Reconciliation Implementation Professional Exam Details:

Exam Name: Oracle Account Reconciliation Implementation Professional 

Exam Duration: 90 minutes

Passing Marks: 68%

 

Competitive advantages after going through these questions:

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  • Improvement in Skills: Your Oracle Account Reconciliation Implementation Professional exam skills will improve a lot and it will immensely benefit you in your final exam.
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