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Oracle 1Z0-508

Oracle Fusion Financials 11g General Ledger Essentials

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File Date Q&A Votes Size  
Oracle.1Z0-508.v2016-02-08.by.Hercules.127q.ote 2016-02-08 127 0/0 224.48 Kb

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About Oracle 1Z0-508 dump

The Oracle Fusion Financials 11g General Ledger Essentials (1Z0-508) exam is designed for candidates who possess a strong foundation and expertise implementing and configuring the Fusion General Ledger application. This exam targets the advanced intermediate-level implementation team member. Up to date training and field experience are strongly recommended to pass the exam.
General Set Up

  • Design the Chart of Accounts
  • Explain the SmartCube
  • Set up accounting hierarchies
  • Set up the accounting calendar
  • Set up the organizational structure

Journal Processing

  • Select a journal entry mode and process journal entries
  • Process journal entries with multicurrency or multiple balancing segments
  • Explain the advanced approval process
  • Configure allocations and periodic entries

Sub Ledger Accounting

  • Use the Accounting Hub
  • Design the sub ledger and process sub ledger journal entries
  • Craft accounting distributions
  • Define the use of event models and events
  • Define accounting method and journal entry rule sets

Intercompany Settlements

  • Set up Intercompany Settlements (system options, transaction types, organizations)
  • Describe intercompany balancing
  • Design the Chart of Account and segment level rules for intercompany
  • Process intercompany transactions and periods
  • Process intercompany reconciliations

Other Accounting Activities

  • Process account reconciliations
  • Close accounting periods
  • Explain the general accounting dashboard

Reporting & Dashboards

  • Explain how to design and use reports
  • Set up the Financials Reporting Studio
  • Explain how to design and use dashboards
  • Describe the Analytics Flow
  • Describe Smartview accounting inquiry and analysis

Business Intelligence in Fusion Financials

  • Set up Business Intelligence for Fusion General Ledger
  • Describe the key uses of Business Intelligence in Fusion General Ledger
  • Describe the key metrics for Fusion Financials
  • Describe how to work with Reporting Work Areas

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