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Oracle Financial Consolidation and Close is a cloud-based solution that helps organizations to consolidate financial data from multiple sources, close financial books quickly and accurately, and comply with financial reporting regulations. The solution is designed to streamline financial consolidation and close processes, reduce manual errors, and provide real-time financial visibility. As the demand for cloud-based financial solutions continues to grow, the Oracle 1z1-1081 certification can help professionals to stand out from their peers and advance their careers in finance and accounting.

Oracle 1z1-1081 exam is a multiple-choice exam that consists of 60 questions. 1z1-1081 exam has a duration of 105 minutes, and candidates must score at least 66% to pass the exam. 1z1-1081 exam is available in English and Japanese and can be taken online or in-person at an authorized testing center. Candidates are advised to have hands-on experience with FCCS 2019 before taking the exam and should prepare thoroughly by using study materials such as training courses, practice exams, and documentation provided by Oracle.

Oracle Financial Consolidation and Close 2019 is a powerful financial consolidation and reporting tool that offers a range of features and functionality to streamline the financial close process. Professionals who are certified in Oracle Financial Consolidation and Close 2019 are highly sought after in the industry and can command a premium salary. The Oracle 1z1-1081 exam is an excellent way for individuals to demonstrate their proficiency in this application and advance their careers in the field of financial consulting.

Reference: https://education.oracle.com/oracle-financial-consolidation-and-close-2019-implementation-essentials/pexam_1Z0-1081

Oracle 1z1-1081 certification exam is designed to test a candidate's knowledge and skills in implementing Oracle Financial Consolidation and Close 2019. 1z1-1081 exam covers various topics related to the implementation of Oracle Financial Consolidation and Close application, including the installation and configuration of the application, setting up data integration, designing and managing the consolidation process, and creating and managing financial reports.

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Oracle 1z1-1081 Exam Syllabus Topics:

SectionObjectives
Integrate Data from Source Systems Using Data Management- Data Integration
  • 1. Load and Validate Data
  • 2. Configure Data Management
  • 3. Map Source and Target Data
Set Up the Financial Consolidation and Close Business Process- Application Configuration
  • 1. Manage Security and User Access
  • 2. Configure System Settings
  • 3. Create and Configure FCCS Applications
Design Reports and Dashboards- Reporting and Analytics
  • 1. Build Dashboards
  • 2. Use Financial Reporting Studio
  • 3. Create Financial Reports
Build Out Your Financial Consolidation and Close Solution- Solution Development
  • 1. Implement Approval Workflows
  • 2. Configure Journals
  • 3. Configure Close Processes and Task Manager
Financial Consolidation and Close Overview- FCCS Fundamentals
  • 1. Describe Financial Consolidation and Close Features
  • 2. Understand FCCS Architecture and Navigation
  • 3. Identify Business Process Capabilities
Managing Business Process Data- Data Management
  • 1. Perform Data Validation
  • 2. Manage Data Forms
  • 3. Audit and Monitor Data Changes
Manage Dimensions- Dimension Management
  • 1. Configure Custom Dimensions
  • 2. Manage Dimension Members and Attributes
  • 3. Create and Maintain Metadata
Set Up Advanced Consolidations- Advanced Configuration
  • 1. Customize Translation Rules
  • 2. Configure Consolidation Rules
  • 3. Configure Ownership Management
Set Up and Run Consolidations- Consolidation Processing
  • 1. Execute Consolidation Processes
  • 2. Manage Currency Translation
  • 3. Review Consolidation Results

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