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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.
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Oracle 1z0-1054-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Period Close and Consolidation | 15% | - Configure and run revaluation and translation - Perform period close process - Execute consolidations and reconciliations |
| Topic 2: Budgetary Control and Encumbrance | 10% | - Monitor budget consumption - Set up budgetary control - Configure and process encumbrance journals |
| Topic 3: Reporting and Analytics | 10% | - Use Financial Reporting Studio - Leverage Smart View and General Accounting Dashboard - Explore OTBI and General Ledger subject areas |
| Topic 4: Enterprise and Ledger Configuration | 25% | - Configure Chart of Accounts security - Design and configure Chart of Accounts - Set up accounting calendars and currencies - Configure legal entity structure - Define primary, secondary ledgers and reporting currencies |
| Topic 5: Journal Processing | 20% | - Process manual and automated journal entries - Define allocations and periodic entries - Set up journal approval rules - Manage journal descriptions and supporting references |
| Topic 6: Subledger and Intercompany Accounting | 20% | - Create and manage subledger accounting rules - Process intercompany transactions and reconciliations - Configure intercompany setup and balancing rules |
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