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JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials (1Z0-342) Practice Exam

JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials (1Z0-342)


About JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials (1Z0-342)

1Z0-342 exam is geared towards members of the Oracle Partner Network. This exam helps you in becoming the a JD Edwards EnterpriseOne Financial Management 9.2 Certified Implementation Specialist which has demonstrated the knowledge required to describe program navigation (EnterpriseOne Pages, Favorites, Row & Form Exists), set up components for accounts payable (AAIs, Automatic Payment Processing, Payment Terms, UDCs, Tax Set up), set up suppliers, describe GL business process and OneView General Ledger, account balance inquiry, and to implement accounts receivable components. Individuals who earn this certification are able to describe and process Fixed Assets, execute asset depreciation calculation, and have an advanced expertise over OneView financial statements.


Course Structure

The JD Edwards Financial Management 9.2 (1Z0-342) Exam covers the following topics - 

1 Common Foundation / Address Book (AB)

Describe the Address Book

Describe program navigation (including EnterpriseOne Pages, Favorites, Row and Form Exists, etc.)

Create Composite Application Framework content

2 General Accounting (GL)

Describe the GL Business Process

Describe configuration components for General Ledger (including AAIs, UDCs, DMAAIs, Category Codes, Intercompany Settlements, Company, Multicurrency, Business Unit Chart of Account, etc.)

Process Journal Entries

Set up Allocations

Perform account reconciliation 

Describe the OneView General Ledger and Account Balance inquiry

Analyze General Accounting inquires and reports (including integrity reports and financials reports)

Process online consolidations

Create budgets

Perform Cash Forecasting

3 Fixed Assets (FA)

Describe the Fixed Asset Process 

Set up Fixed Assets (including AAIs, UDCs, Disposal Rules, Depreciation Defaults, User Defined Depreciation, Category Code Mapping, etc.)

Manage Asset Records and Locations

Process General Ledger Entries for Fixed Assets

Process Transfer Assets to New Locations

Process Asset Splits and Disposals 

4 Accounts Payable (AP)

Describe the AP Business Process (including Procure to Pay)

Describe configuration components for Accounts Payable (Including AAIs, Automatic Payment Processing, Payment Terms, UDCs, Tax set up, etc.)

Describe the Supplier Master

Process Vouchers and Voucher Match 

Perform an automatic Voucher Match

Process Payments (automatic and manual)

Approve and post  AP transactions to the General Ledger (GL)

Update and review tax information 

Describe the OneView Supplier Ledger and Payment Inquiry

Analyze Accounts Payable reports and Integrity reports

5 Accounts Receivable (AR)

Describe the AR Business Process (including the Order to Cash Process)

Describe configuration components for Accounts Receivable (including AAIS, UDCs, Payment Terms and  Advanced Payment Terms, Tax set up,  Line of Business, etc. )

Utilize the AR Credit and Collections Process

Describe the Customer Master

Process AR invoices

Process AR Cash Receipts (manual and automatic)

Post AR transactions to the General Ledger (invoices and receipts)

Process Credit Reimbursements

Describe the OneView Customer Ledger and Receipts inquiry

Review and maintain tax information

Analyze the Accounts Receivable Inquiry and Reports (including Customer Ledger Inquiry and Integrity Reports, Credit and Collection reports, etc.)

Describe the Revenue Recognition process

6 OneView Financials Statements (OVFS)

Describe the OneView Financial Statement Process 

Create and generate a new statement 

Explain import and export functionality in OVFS


Exam Pattern 

  • Exam Name: JD Edwards EnterpriseOne Financial Management 9.2 Implementation Essentials
  • Exam Code: 1Z0-342
  • Number of Questions: 80
  • Length of Time:  120 minutes
  • Exam Fee $245 USD 
  • Exam Language: English


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