Last Updated: Jul 27, 2026
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Oracle Financials Cloud: General Ledger 2017 Implementation Essentials 1Z0-960 Exam is related to Oracle Financials Cloud General Ledger 2017 Certified Implementation Specialist Certification. This exam validates the ability to configure the chart of accounts, set up accounting hierarchies, configure the legal entity structure and define the relationship to the chart of account. This exam also deals with the ability to explain the secondary ledger reporting currencies and design the chart of accounts and segment level rules for intercompany. This exam also verifies the strong foundation and expertise in selling or implementing Oracle Financials Cloud, Oracle Fusion Financials Cloud Service Solutions.
| Section | Objectives |
|---|---|
| Enterprise Structures | - Set up accounting hierarchies and calendars - Define legal entity structure - Configure Chart of Accounts security - Configure Chart of Accounts |
| Budgetary Control and Encumbrance | - Configure budgetary control - Monitor budget consumption - Set up encumbrance accounting |
| Period Close | - Perform consolidations and reconciliations - Manage period close process - Process revaluations and translations |
| Subledger Accounting | - Create and manage accounting rules - Process subledger accounting entries - Define journal description rules - Identify supporting references |
| Intercompany Processing | - Set up intercompany balancing rules - Configure intercompany system options - Process and reconcile intercompany transactions - Design intercompany segment rules |
| Reporting and Analytics | - Use General Accounting Dashboard - Use Financial Reporting Studio - Perform analysis with Smart View - Implement OTBI and GL subject areas |
| Journal Processing | - Define secondary ledgers and reporting currencies - Process manual and automated journal entries - Set up journal approval rules - Configure allocations and periodic entries |
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