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Oracle Account Reconciliation Cloud Service is a cloud-based software platform that provides automation and control for the account reconciliation process. It is an essential tool for financial professionals who need to reconcile accounts accurately and efficiently while maintaining regulatory compliance.
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Oracle 1Z0-1087-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Getting Started with Account Reconciliation | 15% | - Identify the components of Account Reconciliation - Explain the user roles available in Account Reconciliation - Describe Account Reconciliation and its capabilities - Describe how to access Account Reconciliation |
| Topic 2: Integration and Data Management | 10% | - Manage data exports and imports - Describe Data Management integration capabilities - Integrate with Oracle Enterprise Performance Management (EPM) modules |
| Topic 3: Compliance and Reporting | 20% | - Configure approval workflows and notifications - Generate and review reconciliation reports - Monitor reconciliation compliance and status - Use the Financial Reporting Journal for reporting |
| Topic 4: Configuration | 30% | - Configure period mapping and data source synchronization - Configure system settings, including periods, calendars, and approval settings - Configure transaction matching rules and matching methods - Set up transaction matching data sources and format mappings |
| Topic 5: Account and Profile Management | 25% | - Configure format rules for transaction matching - Create and manage account reconciliations and profiles - Configure account attributes and segment mapping - Set up auto-matching and transaction pairing rules |








