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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.
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How to Prepare for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam
Preparation Guide for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Administrator Exam
Introduction
Oracle is a global American information technology corporation located in California. Oracle is a multinational organisation that designs enterprise software systems. Oracle sells numerous cloud-based software and frameworks, as well as hardware and resources to help businesses grow their operations. The emphasis of Oracle's applications is data processing, market intelligence, IT operational management, corporate resource planning, protection, and new technologies. Oracle is well known for its hardware and cloud applications. Oracle Cloud, DBMS, is one of the most common corporate databases in the world.
Oracle also designs and develops methods and software for middle-tier application management frameworks, Human Capital Management (HCM), Customer Relationship Management (CRM), Enterprise Resource Planning Systems (ERP) and Supply Chain Management systems (SCM). Oracle Database is a multi-model database management framework generally known as the Oracle Database Management System (DBMS). It is a commonly used database for executing applications for data storage and transaction processing. Oracle Database is open to a variety of service providers on server, premises or mixed cloud installation.
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Oracle 1z0-1054-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Subledger and Intercompany Accounting | 20% | - Configure intercompany setup and balancing rules - Create and manage subledger accounting rules - Process intercompany transactions and reconciliations |
| Period Close and Consolidation | 15% | - Perform period close process - Configure and run revaluation and translation - Execute consolidations and reconciliations |
| Budgetary Control and Encumbrance | 10% | - Monitor budget consumption - Configure and process encumbrance journals - Set up budgetary control |
| Enterprise and Ledger Configuration | 25% | - Configure Chart of Accounts security - Design and configure Chart of Accounts - Configure legal entity structure - Set up accounting calendars and currencies - Define primary, secondary ledgers and reporting currencies |
| Journal Processing | 20% | - Set up journal approval rules - Define allocations and periodic entries - Process manual and automated journal entries - Manage journal descriptions and supporting references |
| Reporting and Analytics | 10% | - Use Financial Reporting Studio - Leverage Smart View and General Accounting Dashboard - Explore OTBI and General Ledger subject areas |
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