Oracle Financials Cloud: General Ledger 2018 Implementation Essentials : 1Z1-1004

  • Exam Code: 1Z1-1004
  • Exam Name: Oracle Financials Cloud: General Ledger 2018 Implementation Essentials
  • Updated: Sep 04, 2026     Q & A: 80 Questions and Answers

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About Oracle 1Z1-1004 Exam

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To pass the Oracle Financials Cloud: General Ledger 2018 Implementation Essentials certification exam, candidates need to demonstrate their proficiency in various topics, such as setting up and managing the General Ledger, defining financial controls, understanding currencies and exchange rates, managing accounting periods, handling intercompany transactions, and more. 1Z1-1004 exam comprises 60 questions, and candidates must score at least 64% to pass.

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Free Download 1Z1-1004 exam dumps pdf

Oracle 1Z1-1004 exam is intended for candidates who have experience working with the Oracle Financials Cloud application or have completed relevant training on the technology. 1Z1-1004 exam tests a candidate's knowledge of various topics, including configuring charts of accounts, defining accounting rules, implementing suppliers and customers, and generating period end reports.

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How to study the 1Z0-1004 Exam

There are two main types of resources for preparation of certification exams first there are the study guides and the books that are detailed and suitable for building knowledge from ground up then there are video tutorial and lectures that can somehow ease the pain of through study and are comparatively less boring for some candidates yet these demand time and concentration from the learner. Smart Candidates who want to build a solid foundation in all exam topics and related technologies usually combine video lectures with study guides to reap the benefits of both but there is one crucial preparation tool as often overlooked by most candidates the practice exams. Practice exams are built to make students comfortable with the real exam environment. Statistics have shown that most students fail not due to that preparation but due to exam anxiety the fear of the unknown. PracticeTorrent expert team recommends you to prepare some notes on these topics along with it don't forget to practice Oracle 1Z0-1004 exam dumps which have been written by our expert team, Both these will help you a lot to clear this exam with good marks.

Reference: https://education.oracle.com/oracle-financials-cloud-general-ledger-2018-implementation-essentials/pexam_1Z0-1004

Oracle 1Z1-1004 Exam Syllabus Topics:

SectionObjectives
Topic 1: Currency and Accounting Controls- Security and Controls
  • 1. Roles and responsibilities
    • 2. Audit and compliance controls
      - Multi-currency Accounting
      • 1. Currency setup and conversion rates
        • 2. Revaluation and translation
          Topic 2: General Ledger Setup and Configuration- Chart of Accounts
          • 1. Value sets and validation rules
            • 2. Structure and segment setup
              - Ledger Definition and Setup
              • 1. Primary ledger configuration
                • 2. Secondary ledgers and ledger sets
                  Topic 3: Accounting and Subledger Integration- Integration with Oracle Financials Cloud Modules
                  • 1. Payables and Receivables integration
                    • 2. Intercompany accounting
                      - Subledger Accounting (SLA)
                      • 1. Journal import from subledgers
                        • 2. Accounting rules and methods
                          Topic 4: Period Close and Reporting- Financial Reporting
                          • 1. Standard GL reports
                            • 2. Financial reporting studio basics
                              - Period Close Process
                              • 1. Reconciliation procedures
                                • 2. Period opening and closing activities
                                  Topic 5: Journal Processing- Approval and Validation
                                  • 1. Journal approval workflows
                                    • 2. Error handling and correction
                                      - Journal Entries
                                      • 1. Recurring and reversing journals
                                        • 2. Manual journal creation and posting

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