Oracle 1z0-1054-20 valid study dumps : Oracle Financials Cloud: General Ledger 2020 Implementation Essentials

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

Cloud Journal Processing

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

Subledger Accounting

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

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

Period Close

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

Budgetary Control and Encumbrance

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

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

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

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.

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

Oracle 1z0-1054-20 Exam Syllabus Topics: