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Oracle Financials Cloud: General Ledger 2017 Implementation Essentials 1Z0-960 Exam is related to Oracle Financials Cloud General Ledger 2017 Certified Implementation Specialist Certification. This exam validates the ability to configure the chart of accounts, set up accounting hierarchies, configure the legal entity structure and define the relationship to the chart of account. This exam also deals with the ability to explain the secondary ledger reporting currencies and design the chart of accounts and segment level rules for intercompany. This exam also verifies the strong foundation and expertise in selling or implementing Oracle Financials Cloud, Oracle Fusion Financials Cloud Service Solutions.
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| Section | Objectives |
|---|---|
| Topic 1: Budgetary Control and Encumbrance | - Monitor budget consumption - Set up encumbrance accounting - Configure budgetary control |
| Topic 2: Journal Processing | - Define secondary ledgers and reporting currencies - Configure allocations and periodic entries - Process manual and automated journal entries - Set up journal approval rules |
| Topic 3: Reporting and Analytics | - Use General Accounting Dashboard - Use Financial Reporting Studio - Implement OTBI and GL subject areas - Perform analysis with Smart View |
| Topic 4: Period Close | - Perform consolidations and reconciliations - Process revaluations and translations - Manage period close process |
| Topic 5: Enterprise Structures | - Set up accounting hierarchies and calendars - Define legal entity structure - Configure Chart of Accounts security - Configure Chart of Accounts |
| Topic 6: Intercompany Processing | - Process and reconcile intercompany transactions - Configure intercompany system options - Design intercompany segment rules - Set up intercompany balancing rules |
| Topic 7: Subledger Accounting | - Process subledger accounting entries - Define journal description rules - Identify supporting references - Create and manage accounting rules |
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