Oracle Oracle Financials Cloud: General Ledger 2020 Implementation Essentials - 1z0-1054-20 Valid Dumps

Updated: Jun 03, 2026
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About Oracle 1z0-1054-20 Exam

What is the duration, language, and format of Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

  • The type of questions is Multiple Choice Questions.
  • Passing score:
  • Certification Validity period: 02 years.
  • Chapter 3: 33%
  • This exam is only offered in English.
  • There is a time limit of 85 minutes for the exam.
  • This exam consists of 55 questions.
  • Chapter 2: 45%
  • Chapter 1: 60%

Oracle cloud certifications require periodic recertification. To hold your certification inactive condition, you must update to the new edition within 1 year of Oracle's credential withdrawal.

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

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.

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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

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

Cloud Journal Processing

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

Subledger Accounting

  • Explain the journal description rules
  • Create and manage Accounting Rules
  • Identify supporting references
  • 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
  • Process intercompany reconciliations
  • Set up Intercompany Accounting (system options, transaction types, organizations)
  • Describe intercompany balancing

Reporting & Analytics

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

Period Close

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

Budgetary Control and Encumbrance

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

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