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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

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

Cloud Journal Processing

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

Subledger Accounting

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

Intercompany Processing

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

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

Reporting & Analytics

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

Period Close

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

Budgetary Control and Encumbrance

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

Average Salary for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam Certified Professional

Oracle cloud administrator roles are in great demand nowadays. Oracle 1z0-1054-20 exam certified professionals earn an average salary in:

• Europe - 85,500 Euro
• England - 71,555 POUND
• India - 70,95,000 INR
• United State - 92,000 USD

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.

How to book the Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

You do so, by either redeeming a coupon to be bought from Oracle or paying directly with a credit card, if you wish to appear in the Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam. After payment, the test can be scheduled through PearsonVue, the Oracle external test provider.

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

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