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

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Oracle 1z0-1054-20 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Subledger and Intercompany Accounting20%- Configure intercompany setup and balancing rules
- Create and manage subledger accounting rules
- Process intercompany transactions and reconciliations
Topic 2: Budgetary Control and Encumbrance10%- Configure and process encumbrance journals
- Set up budgetary control
- Monitor budget consumption
Topic 3: Journal Processing20%- Set up journal approval rules
- Process manual and automated journal entries
- Define allocations and periodic entries
- Manage journal descriptions and supporting references
Topic 4: Period Close and Consolidation15%- Perform period close process
- Execute consolidations and reconciliations
- Configure and run revaluation and translation
Topic 5: Enterprise and Ledger Configuration25%- Define primary, secondary ledgers and reporting currencies
- Design and configure Chart of Accounts
- Set up accounting calendars and currencies
- Configure legal entity structure
- Configure Chart of Accounts security
Topic 6: Reporting and Analytics10%- Leverage Smart View and General Accounting Dashboard
- Explore OTBI and General Ledger subject areas
- Use Financial Reporting Studio

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