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Oracle 1Z0-1087-21 (Oracle Account Reconciliation 2021 Implementation Essentials) certification exam is designed for professionals who work with the Oracle Account Reconciliation Cloud Service. 1Z0-1087-21 exam is intended to validate the skills and knowledge of professionals who are responsible for implementing and managing this software solution within their organization. Successfully passing 1Z0-1087-21 exam will demonstrate that a professional has the knowledge and skills necessary to effectively use the software to improve financial reconciliation processes.

Reference: https://education.oracle.com/oracle-account-reconciliation-2021-implementation-essentials/pexam_1Z0-1087-21

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Oracle 1Z0-1087-21 exam covers a wide range of topics related to the implementation of Oracle ARCS 2021. These topics include the installation and configuration of ARCS, reconciliation control design and implementation, data loads, security and access control, and troubleshooting and monitoring. 1Z0-1087-21 exam is designed to test the candidate's knowledge of these topics and their ability to apply this knowledge in real-world scenarios.

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Oracle 1Z0-1087-21 Exam Syllabus Topics:

SectionObjectives
Configuring Reconciliation Compliance- Create and manage profiles
- Teams, calendars, and period management
- Create and manage formats
- Five balancing scenarios (Golden Rules)
Managing Reconciliations- Review, approve, reject, and reopen reconciliations
- Individual, group, and summary reconciliations
- Data loading methods (EPM Automate, REST APIs)
- Transfer reconciliations between users
Solution Overview- User roles and access control
- Reconciliation Compliance and Transaction Matching overview
- Reconciliation process and methods
Configuring Transaction Matching- Currency rates and buckets
- Match types, data sources, and attributes
- Formats and profiles for transaction matching
- Matching rules and processes
Transaction Matching Operations- Use cases for clearing and accrual reconciliations
- Analyze and manage matches
- Export adjustments to journal entries
- Period-end balancing

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