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Introduction to Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Administrator Exam

An Oracle Financials Cloud: a trained development professional from General Ledger 2020, has a clear foundation and experience in the sale or deployment of Oracle Financials Cloud Resources. Themes such as: general configuration, market processes, journal production, sub-processing, inter-company processing, monitoring & dashboards, closing time and budgetary control & encumbrance are included in the qualification test. We suggest up-to-date preparation and field knowledge.

To obtain these certifications, this examination must be passed. Click each title below to see the complete criteria. Cloud infrastructure is always changing. Oracle publishes periodically practice, in accordance with quality updates and requirements for qualification. Before sitting, review the analysis topics to ensure you are prepared for 1z0-1054-20 practice exams. The best preparation for the exam is a combination of Oracle training and hands-on practice of 1z0-1054-20 practice exams.

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.
  • Passing score:
  • Chapter 1: 60%
  • There is a time limit of 85 minutes for the exam.
  • Certification Validity period: 02 years.
  • Chapter 2: 45%
  • Chapter 3: 33%

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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Oracle 1z0-1054-20 Exam Syllabus Topics:

SectionWeightObjectives
Period Close and Consolidation15%- Execute consolidations and reconciliations
- Configure and run revaluation and translation
- Perform period close process
Enterprise and Ledger Configuration25%- Design and configure Chart of Accounts
- Configure legal entity structure
- Configure Chart of Accounts security
- Set up accounting calendars and currencies
- Define primary, secondary ledgers and reporting currencies
Subledger and Intercompany Accounting20%- Create and manage subledger accounting rules
- Configure intercompany setup and balancing rules
- Process intercompany transactions and reconciliations
Reporting and Analytics10%- Leverage Smart View and General Accounting Dashboard
- Use Financial Reporting Studio
- Explore OTBI and General Ledger subject areas
Budgetary Control and Encumbrance10%- Configure and process encumbrance journals
- Set up budgetary control
- Monitor budget consumption
Journal Processing20%- Define allocations and periodic entries
- Process manual and automated journal entries
- Set up journal approval rules
- Manage journal descriptions and supporting references

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