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

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

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

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Benefits in Obtaining Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam Certification

By integrating a broad spectrum of essential cloud features, features and activities, Oracle 1z0-1054-20 Qualification can improve your understanding and ability. The qualification of Oracle Database teaches you If you are unsure which option is best, mark the most appropriate option as a response to your question in 1z0-1054-20 exam dumps.how to conduct complicated, realistic tasks through research, laboratories, and experience. This credential will allow you to develop a greater understanding and knowledge of Oracle's leading values. You will be able to mount, manage, tune, and restore ledge environments after obtaining this credential. If you are unsure which option is best, mark the most appropriate option as a response to your question in 1z0-1054-20 exam dumps. This Oracle Financials Cloud: General Ledger Implementation Enterprise Structures can help you incorporate company structures. The key concepts for Oracle Financials can be identified rapidly. The FSM is used to implement Oracle Financials, the Oracle Fusion General Ledger is established, and all of the basic functions for General Ledger are discussed. This helps you to make sure that Oracle Enterprise systems of General Ledger are implemented easily, quickly and successfully. Oracle Financials Cloud: The general limited education shows you how Oracle General Ledger and related products, including Oracle Intercompany and Financial Reporting Studio, can be used and maintained. You can learn to understand the features of Oracle Fusion General Ledger, explore corporate structural configuration, discuss the Financial Common Applications, use the General Ledger including journal entries, allocations, corporate entries and budgeting, consolidation and reporting. This course helps you understand all the functionality and solutions to help you handle your financial processes efficiently from the start of your journal to the end.

The attainment of this qualification would give you a comparative edge by acquiring a worldwide standard of expertise. 80 percent of accredited Oracle workers indicated that qualification helped them promote, boost salaries or develop their jobs. You will also get a digital badge on your LinkedIn profile. 1z0-1054-20 exam dumps is the safest preparation procedure.

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

Cloud Journal Processing

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

Subledger Accounting

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

Intercompany Processing

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

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

Reporting & Analytics

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

Period Close

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