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Oracle 1Z0-1081-20 Certification Exam is designed for professionals who are interested in proving their expertise in Oracle Financial Consolidation and Close 2020 Implementation. Oracle Financial Consolidation and Close 2020 Implementation Essentials certification exam is intended to assess the skills and knowledge of candidates in areas such as consolidation and close process, financial reporting, data integration, and security. By passing 1Z0-1081-20 exam, candidates can earn the Oracle Financial Consolidation and Close 2020 Implementation Essentials certification, which is globally recognized and highly valued in the industry.

Oracle Financial Consolidation and Close solution provides a one-stop solution for financial consolidation and close management. This solution enables companies to streamline their financial consolidation process and minimize errors associated with manual consolidations. The solution assists finance professionals in executing the financial close cycle including activity management, collecting and processing financial data, creating reports and disclosures, and communicating with stakeholders. The Oracle 1Z0-1081-20 certification exam focuses on the implementation of this solution and equips professionals with the necessary skills to configure and manage it effectively.

Reference: https://education.oracle.com/oracle-financial-consolidation-and-close-2020-implementation-essentials/pexam_1Z0-1081-20

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Oracle 1Z0-1081-20, also known as Oracle Financial Consolidation and Close 2020 Implementation Essentials Exam, is a certification exam designed for professionals who want to demonstrate their expertise in implementing and configuring Oracle Financial Consolidation and Close Cloud Service. 1Z0-1081-20 exam is intended for individuals who have a solid understanding of consolidation and close processes, financial reporting, and data integration. Oracle Financial Consolidation and Close Cloud Service is a comprehensive solution that enables organizations to streamline their financial consolidation and close processes, reduce risks, and improve the accuracy of their financial reporting.

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Oracle 1Z0-1081-20 Exam Syllabus Topics:

SectionObjectives
Reporting and Analysis- Financial reporting tools
  • 1. Smart View usage
    • 2. Financial reports generation
      Consolidation Process- Close process management
      • 1. Currency translation
        • 2. Elimination rules and consolidation logic
          Security and Access Management- User roles and provisioning
          • 1. Access control in FCCS
            • 2. Security filters and data access
              Data Integration and Loading- Data import processes
              • 1. Data validation and reconciliation
                • 2. Data loading methods and formats
                  FCCS Overview and Architecture- Oracle Cloud EPM Fundamentals
                  • 1. Financial Consolidation and Close (FCCS) concepts
                    • 2. System architecture and components
                      Application Configuration- Application settings
                      • 1. Consolidation configuration
                        • 2. Currency and time settings
                          - Metadata setup
                          • 1. Dimensions and hierarchies
                            • 2. Custom attributes and properties

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