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.

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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.

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

Cloud Journal Processing

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

Subledger Accounting

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

Intercompany Processing

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

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

Reporting & Analytics

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

Period Close

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

Budgetary Control and Encumbrance

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

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

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