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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
- Configure Ledgers
- Set up the accounting calendar
- Configure the legal entity structure and define the relationship to the Chart of Account
- Configure Chart of Accounts Security
- Configure the Chart of Accounts
- Set up accounting hierarchies
- Explain Essbase
Cloud Journal Processing
- Process journal entries
- Explain the journal approval set up
- Explain the secondary ledger and reporting currencies
- Configure allocations and periodic entries
- Configure automated journal processing
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 transactions and periods
- Process intercompany reconciliations
- Describe intercompany balancing
- Set up Intercompany Accounting (system options, transaction types, organizations)
Reporting & Analytics
- Explain how to design and use various reporting tools
- Describe Smart View accounting inquiry and analysis
- Set up the Financials Reporting Studio
- Describe the General Accounting Dashboard and Work Areas
- Explain OTBI and GL Subject Areas
- Analyze budgets versus actuals
Period Close
- Explain the Close Process
- Configure and process translations
- Configure and process revaluations
- Analyze reconciliations
- Configure and process consolidations
- Close monitor
Budgetary Control and Encumbrance
- Explain how to analyze and monitor Budget Consumption
- Process Encumbrance Journals
- Configure and Process Budgets
- Configure Encumbrance Accounting
Who should take the Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam
The Oracle Software Application Platform Development 2020 Specialist Examination is tailored for experts with cloud implementation experience. This credential includes issues relevant to the delivery of the services provided by Oracle. This qualification demonstrates comprehension of the management portfolio and the configuration capability of the facilities. Up-to-date preparation and practical expertise are recommended to advise or guide lead implementations or similar activities. Both applicants have this qualification required. This course helps students to identify sub-quests, incorporate multi-questions with SET operators in a single query and report community functions on aggregate results. His chief audience are administrators, researchers, developers and system managers. The course teaches students how to observe key structural elements of Oracle database 12c, to collect data from tables in lines and columns, to manage schema objects, to produce SELECT statements, to use scalar and correlated sub-quests and much more. This course helps students to know how to perform Oracle ledger administrative and management related tasks. The audience includes the administrator, the administrator of the ledger. The course aims to instruct the candidate's concepts of data competence and auditing, management of tablespaces and undo data, management of the Oracle Database 12c network connections, security and privileges, the understanding of the architecture of the oracle general ledger, monitoring and implementation of the proactive data base instance.
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.
Average Salary for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam Certified Professional
Oracle cloud administrator roles are in great demand nowadays. Oracle 1z0-1054-20 exam certified professionals earn an average salary in:
- United State - 92,000 USD
- England - 71,555 POUND
- India - 70,95,000 INR
- Europe - 85,500 Euro
Oracle 1z0-1054-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Intercompany Processing | - Intercompany Balancing Rules |
| Reporting and Analytics | - Financial Reporting Studio and OTBI |
| Subledger Accounting | - Subledger to Ledger Reconciliation |
| General Ledger Cloud Setup | - Enterprise Structures - Chart of Accounts Configuration |
| Journal Processing | - Journal Entries and Processing Rules - Allocation Rules |
| Period Close and Budgetary Control | - Period Close Processes - Budgetary Control and Encumbrance |
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