You can use this Oracle 1Z0-1087-23 exam study guide to collect all the information about the Oracle Account Reconciliation 2023 Implementation Professional exam. The Oracle 1Z0-1087-23 certification exam is mainly targeted to those candidates who have some experience or exposure to Oracle Account Reconciliation technology and want to flourish their career with Oracle Account Reconciliation 2023 Certified Implementation Professional (OCP) credential.
The Oracle 1Z0-1087-23 certification exam validates your understanding of the Oracle Account Reconciliation technology and sets the stage for your future progression. Your preparation plan for Oracle Account Reconciliation 2023 Implementation Professional Certification exam should include hands-on practice or on-the-job experience performing the tasks described in following certification exam syllabus topics.
Oracle 1Z0-1087-23 Exam Details:
| Exam Name | Oracle Account Reconciliation 2023 Implementation Professional |
| Exam Code | 1Z0-1087-23 |
| Exam Price | USD $245 (Pricing may vary by country or by localized currency) |
| Duration | 90 minutes |
| Number of Questions | 60 |
| Passing Score | 68% |
| Format | Multiple Choice Questions (MCQ) |
| Recommended Training |
Become a Certified Account Reconciliation Implementer Prepare for Oracle Account Reconciliation 2023 Implementation Professional |
| Schedule Exam | Buy Oracle Training and Certification |
| Sample Questions | Oracle Account Reconciliation 2023 Certified Implementation Professional (OCP) |
| Recommended Practice | 1Z0-1087-23 Online Practice Exam |
Oracle 1Z0-1087-23 Syllabus Topics:
| 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 |
The Oracle Account Reconciliation Implementation Professional Certification Program certifies candidates on skills and knowledge related to Oracle Account Reconciliation products and technologies. The Oracle 1Z0-1087-23 is granted based on a combination of passing exams, training, and performance-based assignments, depending on the level of certification. Oracle Account Reconciliation 2023 Implementation Professional certification is a real benchmark of experience and expertise that helps you stand out in a crowd among employers. To ensure success, Oracle recommends combining education courses, practice exams, and hands-on experience to prepare for your Oracle Account Reconciliation 2023 Certified Implementation Professional (OCP) certification exam as questions will test your ability to apply the knowledge you have gained in hands-on practice or professional experience.