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Exam Preparation
Questions in the exam are based on official training material provided by Oracle over different official platforms.
Also the information in the following pieces of training is the source for the exam. Hence, Candidates should complete the following training courses before appearing for the certification exam.
Candidates should complete one of the below-mentioned pieces of training for the proper understanding of content and topics
- Unlimited Product Learning Subscription
- JD Edwards EnterpriseOne - Applications Learning Subscription
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Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-342
Scope
This certificate verifies the fundamental knowledge of the candidate in JD Edwards Enterprise Financial Management technology ensuring if the candidate is skilled enough in Financial management over cloud technology.
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JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials
Preparation Guide for Oracle 1z0-342 Certification Exam
Introduction
The Oracle JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials Certification Exam certifies the candidate has a firm understanding and grasp over Oracle JD Edwards Financial Management technology. This certificate is also known as Oracle 1Z0-342 Exam which is a benchmark for experience and expertise recognized by employers across the globe.
Topics to Cover
Oracle 1z0-342 Certification Exam is based on the learnings, key topics, and activities encountered during oracle pieces of training and implementations.
Following are the major topics along with the sub-skills, a candidate should cover while preparing for the examination. These topics will give the candidates a clear view of which topics and skills inclusive, one should focus on for the certification.
Note: The list and details are not an all-inclusive content list. Oracle reserves the right to change and update the content (topics and sub-skills) at any point in time.
General Accounting
General Ledger Business Process
Describe configuration components for General Ledger
Process Journal Entries
Set up Allocations
Perform account reconciliation
Describe the OneView General Ledger
Analyze General Accounting inquires and reports
Process online consolidations
Create budgets
Perform Cash Forecasting
Address Book (AB)
Describe the Address Book
Describe program navigation
Create content for Composite Application Framework
Fixed Assets
Describe Fixed Asset Process
Set up Fixed Assets
Manage Asset Records and Locations
Process General Ledger Entries for Fixed Assets
Process Transfer Assets to New Locations
Process Asset Splits and Disposals
OneView Financial Statements
Describe OneView Financial Statement Process
Create and generate new statements
Explain import and export functionality in OneView Financials Statements
Payable Accounts
Describe Accounts Payable Business Process
Configuration components for Accounts Payable
Describe Supplier Master
Process Vouchers and Voucher Match
Perform Automatic Voucher Match
Process Payments
Approve Post AP transactions
Update and review tax information
Describe the OneView Supplier Ledger and Payment Inquiry
Analyze Accounts Payable and Integrity reports
Accounts Receivable
Describe Accounts Receivable Business Process
Describe configuration components for Accounts Receivable
Utilize the AR Credit and Collections Process
Describe Customer Master
Process AR invoices
Process AR Cash Receipts
Post AR transactions to General Ledger
Process Credit Reimbursements
Describe OneView Customer Ledger and Receipts inquiry
Review and maintain tax information
Analyze Accounts Receivable Inquiry and Reports
Describe Revenue Recognition process
The candidate needs to go through and be proficient in every topic.
Oracle 1z1-342 Exam Syllabus Topics:
| Section | Objectives |
| Topic 1: Accounts Payable (AP) | - Accounts Payable Setup
- 1. AP Business Process & Procure to Pay
- 2. Configure AAIs, Automatic Payment Processing, Payment Terms
- AP Transactions
- 1. Process Payments & Post to GL
- 2. Process Vouchers & Voucher Match
|
| Topic 2: Common Foundation & Address Book | - Address Book (AB)
- 1. Program navigation & EnterpriseOne Pages
- 2. Describe the Address Book
|
| Topic 3: General Accounting (GL) | - GL Inquiry & Reporting
- 1. OneView General Ledger & Account Balance Inquiry
- 2. Budgeting & Cash Forecasting
- GL Setup & Processing
- 1. Journal Entries & Allocations
- 2. GL Business Process & Configuration
|
| Topic 4: OneView Financials Statements (OVFS) | - OVFS Setup
- 1. OneView Financial Statement Process
- 2. Generate & Customize Statements
|
| Topic 5: Fixed Assets (FA) | - Fixed Assets Management
- 1. Fixed Asset Process & Setup
- 2. Depreciation & Asset Transactions
|
| Topic 6: Accounts Receivable (AR) | - AR Inquiry & Reporting
- 1. Revenue Recognition
- 2. OneView Customer Ledger
- AR Setup & Process
- 1. AR Invoices & Cash Receipts
- 2. AR Business Process & Configuration
|