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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.

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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

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

Cloud Journal Processing

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

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.

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

Reporting & Analytics

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

Period Close

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

Budgetary Control and Encumbrance

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

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

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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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