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Oracle Financial Consolidation and Close 2020 Implementation Essentials, also known as the Oracle 1Z0-1081-20 exam, is a certification exam designed for professionals who want to validate their expertise in implementing and configuring Oracle Financial Consolidation and Close Cloud Service. 1Z0-1081-20 exam is designed for professionals who have a strong foundation in financial management and consolidation processes and want to enhance their skills and knowledge in implementing Oracle FCCS.
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Oracle Financial Consolidation and Close 2020 Implementation Essentials exam, also known as 1Z0-1081-20, is designed for professionals who are looking to validate their knowledge and expertise in implementing financial consolidation and close solutions using Oracle technology. Oracle Financial Consolidation and Close 2020 Implementation Essentials certification exam is an important step towards establishing oneself as a proficient and knowledgeable financial professional.
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Those who pass the exam are recognized by Oracle as certified professionals, which can lead to better job prospects, higher salaries, and professional development opportunities. 1Z0-1081-20 exam covers topics such as consolidation and close process, financial disclosures, managing intercompany transactions, and managing the reporting process. Candidates are expected to be familiar with Oracle Hyperion Financial Management and Oracle Tax Reporting Cloud solutions.
| Section | Objectives |
|---|---|
| Topic 1: Financial Translation and Reporting | - Customize translation using rules and rate accounts - Design financial reports in Financial Reporting Studio |
| Topic 2: Adjustments and Ownership | - Use equity pickup and ownership management - Create consolidation adjustments |
| Topic 3: Consolidation and Close Processes | - Automate tasks using EPM Automate - Set up and run consolidations |
| Topic 4: Dimension and Data Management | - Manage supplemental data and alternate hierarchies - Import members, define mappings and load rules |
| Topic 5: Setup and Configuration | - Configure system setting profiles and source/target applications - Assign security access to dimension members |
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