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

Exam Code: 1z0-1054-20

Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials

Updated: Sep 02, 2025

Q & A: 103 Questions and Answers

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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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Oracle 1z0-1054-20 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Process Encumbrance Journals
  • Analyze reconciliations
  • Intercompany Processing
Topic 2
  • Explain OTBI and GL Subject Areas
  • Configure the Chart of Accounts
  • Create and manage Accounting Rules
Topic 3
  • Explain the journal description rules
  • Describe intercompany balancing
Topic 4
  • Explain how to design and use various reporting tools
  • Explain the secondary ledger and reporting currencies
Topic 5
  • Create and process subledger accounting entries
  • Configure and process consolidations
Topic 6
  • Explain how to analyze and monitor Budget Consumption
  • Process intercompany reconciliations
Topic 7
  • Describe the General Accounting Dashboard and Work Areas
  • Process journal entries
Topic 8
  • Configure Chart of Accounts Security
  • Configure and process revaluations
  • Configure and process translations
Topic 9
  • Configure Encumbrance Accounting
  • Configure automated journal processing
Topic 10
  • Process intercompany transactions and periods
  • Configure allocations and periodic entries
Topic 11
  • Configure and Process Budgets
  • Design the Chart of Accounts and segment level rules for intercompany
Topic 12
  • Configure the legal entity structure and define the relationship to the Chart of Account
  • Explain the Close Process
Topic 13
  • Describe Smart View accounting inquiry and analysis
  • Explain the journal approval set up
Topic 14
  • Set up the Financials Reporting Studio
  • Set up the accounting calendar
  • Set up accounting hierarchies

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

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