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How much Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam Cost

The Oracle 1z0-1054-20 exam costs USD 245 and is available at the Oracle website.

Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Administrator Certification Path

The Oracle Certified Expert, Oracle 1z0-1054-20: Oracle Financials Cloud: Critical implementation for 2020 The qualification of administrator is for ledger managers with at least 1 year of experience in the implementation of the ledger. It is therefore advisable to consider principles of high availability. You should be able to mount, control, track and restore ledger environments to receive this credential. You will gain a thorough understanding of the fundamentals of implementing the knowledge in preparation for the exam by using the 1z0-1054-20 practice exams. Once you have obtained this credential, you will be able to upgrade, instal, restore and retrieve, adjust and track these modules.

1z0-1054-20 practical tests are excellent sources of learning for the test but do not fulfil the teaching criteria. Oracle University Training Center, Oracle Approved Education Centre, Oracle Authorized Partner or Oracle Workforce Development Program must be provided to fulfil the training requirements. Courses can provide live interactive classes, on-request instruction, learning packages, or an in-class mentor.

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

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

Cloud Journal Processing

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

Subledger Accounting

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

Intercompany Processing

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

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

Reporting & Analytics

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

Period Close

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

Budgetary Control and Encumbrance

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

Oracle 1z0-1054-20 Exam Syllabus Topics: