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.

How to Study the Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

For the Oracle 1z0-1054-20 PDF there are several directions to plan. Different techniques will be established if you intend to take this test. Candidates may link to many online PDF files and consult online videos to schedule the test. Different websites provide practical exams to help you study for the examination. The most up-to-date certificate questions are 1z0-1054-20 practice exams, and we suggest that you do the tests 1z0-1054-20 exam dumps PDF after your research. Before taking the Oracle 1z0-1054-20 test, applicants must take a qualification course or preparation that often helps them to study for the exam.

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

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

Cloud Journal Processing

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

Subledger Accounting

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

Intercompany Processing

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

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

Reporting & Analytics

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

Period Close

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

Budgetary Control and Encumbrance

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

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