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.

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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.

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

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

Cloud Journal Processing

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

Subledger Accounting

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

Intercompany Processing

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

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

Reporting & Analytics

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

Period Close

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

Budgetary Control and Encumbrance

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

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Difficulty in Writing of Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

Oracle Accredited Professional, Oracle 1z0-1054-20: Oracle Financials Cloud: Major General Ledger 2020 Deployment Administrator qualification is not the hardest Oracle certification exam, but it is likely to fail without training. It is also strongly advised that candidates plan well by taking 1z0-1054-20 practice exams. Any remaining unanswered queries are viewed as wrong, so after reviewing 1z0-1054-20 exam dumps you can address all questions. Oracle Certification has certain examination policies that help applicants understand the process and conditions. Candidates for the 1Z0-1054-20 Oracle examination must therefore pass the examination policies and obtain details. Certificate credentials for Oracle Cloud will be valid for just 18 months after passing the examination. At the end of 18 months, this certificate is inactive. For Oracle applicants, active certification is required to have access to different certification advantages such as the use of Oracle certification logos, credentials, scoring reports, digital insignias and certification checks. In addition, the Oracle Cloud Certifications are continually updated year-round with major product and service launches to be kept up to date and published annually with a new title. Therefore, the current iteration of the test must be recertified. The examination registration is permitted on the 14th day after the examination failure. A non-procured online examination can be conducted at any time. You can not take an exam again at any time. In a 12-month cycle, only four attempts will pass an exam. A failing master assignment is required to be submitted within 30 days of receiving the notice of default. You can go to pearsonvue.com/oracle to cancel or reschedule the examination and log in. You have to choose one of the choices on the right side of the page: Return a test or cancel a test. But your complete examination fee is forfeited if you do not appear for a scheduled examination. If you pay the examination fee by means of a voucher, the voucher for future use is not validated.

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

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