1z0-1087-22 Oracle Account Reconciliation 2022 Implementation Professional Questions and Answers

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CreateReconciliations

Copy Transactions

Auto Match Transactions

Auto Submit Reconciliation

to the match type

to the profile

to the reconciliation

to the format

They displayin both the Reconciliations list and the Matching list.

They do not participate in period-end compliance workflow.

They do not need to be created for periods.

You must create profiles for them.

The system automatically re-assigned the reconciliation to the primary user when the current preparer is out of the office.

The primary user must approve the reconciliation before the preparer submits the reconciliation.

The primary user can edit the reconciliation properties.

The system automatically claims the reconciliation for the primary use when the reconciliation status changes to Open (with preparer).

Edit the due date in the reconciliationsfor the organizational unit.

Create a holiday rule and assign it to the organizational unit.

Create a calendar and assign it to the organizational unit.

Add a rule to the Rules tab of the profiles for the reconciliations.

A rule can set a reconciliation attribute to a specified value when the rule conditions are met.

You can use a saved filter as the condition in a rule.

Profiles inherit rules from their formats.

A profile can have a maximum of three rules.

You must select either Actual or Budget as the scenario for the data.

You cannot load data into reconciliations with a status of Closed.

Only users with the administrator role canrun data loads.

If there is no change in the balance, the reconciliation is not updated.

Currency Code

Currency Bucket

Period

Reconciliation ID

Entity

Amount