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.
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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
- Configure the Chart of Accounts
- Configure Ledgers
- Explain Essbase
- Set up accounting hierarchies
- Set up the accounting calendar
- Configure the legal entity structure and define the relationship to the Chart of Account
- Configure Chart of Accounts Security
Cloud Journal Processing
- Configure allocations and periodic entries
- Explain the secondary ledger and reporting currencies
- Explain the journal approval set up
- Configure automated journal processing
- Process journal entries
Subledger Accounting
- Create and manage Accounting Rules
- Identify supporting references
- Create and process subledger accounting entries
- Explain the journal description rules
Intercompany Processing
-Create the Chart of Accounts and segment level rules for intercompany transactions.
- Process intercompany reconciliations
- Process intercompany transactions and periods
- Set up Intercompany Accounting (system options, transaction types, organizations)
- Describe intercompany balancing
Reporting & Analytics
- Explain OTBI and GL Subject Areas
- Analyze budgets versus actuals
- Describe Smart View accounting inquiry and analysis
- Set up the Financials Reporting Studio
- Explain how to design and use various reporting tools
- Describe the General Accounting Dashboard and Work Areas
Period Close
- Explain the Close Process
- Configure and process translations
- Close monitor
- Analyze reconciliations
- Configure and process revaluations
- Configure and process consolidations
Budgetary Control and Encumbrance
- Process Encumbrance Journals
- Configure and Process Budgets
- Configure Encumbrance Accounting
- Explain how to analyze and monitor Budget Consumption
Average Salary for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam Certified Professional
Oracle cloud administrator roles are in great demand nowadays. Oracle 1z0-1054-20 exam certified professionals earn an average salary in:
- England - 71,555 POUND
- United State - 92,000 USD
- India - 70,95,000 INR
- Europe - 85,500 Euro
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