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By integrating a broad spectrum of essential cloud features, features and activities, Oracle 1z0-1054-20 Qualification can improve your understanding and ability. The qualification of Oracle Database teaches you If you are unsure which option is best, mark the most appropriate option as a response to your question in 1z0-1054-20 exam dumps.how to conduct complicated, realistic tasks through research, laboratories, and experience. This credential will allow you to develop a greater understanding and knowledge of Oracle's leading values. You will be able to mount, manage, tune, and restore ledge environments after obtaining this credential. If you are unsure which option is best, mark the most appropriate option as a response to your question in 1z0-1054-20 exam dumps. This Oracle Financials Cloud: General Ledger Implementation Enterprise Structures can help you incorporate company structures. The key concepts for Oracle Financials can be identified rapidly. The FSM is used to implement Oracle Financials, the Oracle Fusion General Ledger is established, and all of the basic functions for General Ledger are discussed. This helps you to make sure that Oracle Enterprise systems of General Ledger are implemented easily, quickly and successfully. Oracle Financials Cloud: The general limited education shows you how Oracle General Ledger and related products, including Oracle Intercompany and Financial Reporting Studio, can be used and maintained. You can learn to understand the features of Oracle Fusion General Ledger, explore corporate structural configuration, discuss the Financial Common Applications, use the General Ledger including journal entries, allocations, corporate entries and budgeting, consolidation and reporting. This course helps you understand all the functionality and solutions to help you handle your financial processes efficiently from the start of your journal to the end.

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Reference: https://education.oracle.com/oracle-financials-cloud-general-ledger-2020-implementation-essentials/pexam_1Z0-1054-20

What is the duration, language, and format of Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

• The type of questions is Multiple Choice Questions.
• This exam consists of 55 questions.
• This exam is only offered in English.
• Chapter 3: 33%
• Certification Validity period: 02 years.
• Chapter 2: 45%
• Passing score:
• Chapter 1: 60%
• There is a time limit of 85 minutes for the exam.

Oracle cloud certifications require periodic recertification. To hold your certification inactive condition, you must update to the new edition within 1 year of Oracle's credential withdrawal.

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Topics of Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

The Oracle 1z0-1054-20 exam tests the abilities and knowledge of the candidates by checking the following objectives:

Enterprise Cloud Structures

• Configure Chart of Accounts Security
• Explain Essbase
• Configure the Chart of Accounts
• Configure Ledgers
• Set up accounting hierarchies
• Configure the legal entity structure and define the relationship to the Chart of Account
• Set up the accounting calendar

Cloud Journal Processing

• Explain the secondary ledger and reporting currencies
• Configure allocations and periodic entries
• Process journal entries
• Explain the journal approval set up
• Configure automated journal processing

Subledger Accounting

• Create and process subledger accounting entries
• Create and manage Accounting Rules
• Identify supporting references
• Explain the journal description rules

Intercompany Processing

-Create the Chart of Accounts and segment level rules for intercompany transactions.

• Process intercompany reconciliations
• Set up Intercompany Accounting (system options, transaction types, organizations)
• Process intercompany transactions and periods
• Describe intercompany balancing

Reporting & Analytics

• Explain how to design and use various reporting tools
• Analyze budgets versus actuals
• Describe the General Accounting Dashboard and Work Areas
• Explain OTBI and GL Subject Areas
• Set up the Financials Reporting Studio
• Describe Smart View accounting inquiry and analysis

Period Close

• Configure and process consolidations
• Configure and process revaluations
• Configure and process translations
• Explain the Close Process
• Analyze reconciliations
• Close monitor

Budgetary Control and Encumbrance

• Configure Encumbrance Accounting
• Explain how to analyze and monitor Budget Consumption
• Configure and Process Budgets
• Process Encumbrance Journals

Oracle 1z0-1054-20 Exam Syllabus Topics: