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

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.

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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

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

Cloud Journal Processing

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

Subledger Accounting

• Create and process subledger accounting entries
• Identify supporting references
• 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)
• Process intercompany transactions and periods
• Describe intercompany balancing
• Process intercompany reconciliations

Reporting & Analytics

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

Period Close

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

Budgetary Control and Encumbrance

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