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The second benefit is that the AR 2020 certification will provide you with a solid foundation for the implementation of Oracle Financials ERP 9i or ERP 11g. The certification also allows you to prove your expertise to prospective employers or customers who ask for your qualifications. The third benefit of the Oracle Account Reconciliation 2020 Implementation Essentials certification is that it can be easily obtained through an online exam.
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Understand the topics of the Oracle 1Z0-1087-20 Exam
- Describe Rec Compliance and Transaction
- Explain Transaction Matching Processes
- Navigate the system
- Add calculated attributes and filters
- Analyzing Transaction Matches in Reports
- Define Currency Rate and Currency Bucket
- Create Formats and Profiles for Transaction Matching reconciliations/ Import and Export Teams
- Create and delete Reconciliations/ Import Data Using Data Management
- Identify Use Cases
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Oracle 1Z0-1087-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Reconciliation Compliance Overview | 20% | - Describe user roles and permissions - Explain reconciliation methods and use cases - Understand reconciliation lifecycle - Navigate the system interface |
| Configuring Reconciliation Compliance | 25% | - Configure currency rates and buckets - Manage teams and assignments - Create and manage formats - Set up profiles and attributes |
| Data Management and Integration | 12% | - Configure API integration - Load balances and transactions - Import/export metadata and data - Use Data Management and EPM Automate |
| Rules and Configuration | 8% | - Monitor rule execution - Create and assign rules - Apply rules to formats and profiles |
| Transaction Matching Overview | 15% | - Explain transaction matching process - Define match types and rules - Understand balancing and reconciliation |
| Managing Reconciliations | 20% | - Use filters, calculations, and views - Review, approve, reject, and reopen reconciliations - Generate and interpret compliance reports - Create, edit, and delete reconciliations |
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