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For more info, read the reference:

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

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

Cloud Journal Processing

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

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

Reporting & Analytics

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

Period Close

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

Budgetary Control and Encumbrance

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

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.

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

Oracle 1z0-1054-20日本語 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Journal Processing20%- Process manual and automated journal entries
- Manage journal descriptions and supporting references
- Define allocations and periodic entries
- Set up journal approval rules
Topic 2: Reporting and Analytics10%- Leverage Smart View and General Accounting Dashboard
- Use Financial Reporting Studio
- Explore OTBI and General Ledger subject areas
Topic 3: Budgetary Control and Encumbrance10%- Set up budgetary control
- Configure and process encumbrance journals
- Monitor budget consumption
Topic 4: Subledger and Intercompany Accounting20%- Create and manage subledger accounting rules
- Configure intercompany setup and balancing rules
- Process intercompany transactions and reconciliations
Topic 5: Period Close and Consolidation15%- Perform period close process
- Execute consolidations and reconciliations
- Configure and run revaluation and translation
Topic 6: Enterprise and Ledger Configuration25%- Define primary, secondary ledgers and reporting currencies
- Configure Chart of Accounts security
- Set up accounting calendars and currencies
- Design and configure Chart of Accounts
- Configure legal entity structure

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