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

1z0-1054-20 Exam Questions
  • Exam Code: 1z0-1054-20
  • Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
  • Updated: Jun 18, 2026
  • Q & A: 103 Questions and Answers
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Oracle 1z0-1054-20 Certification Exam covers a wide range of topics related to General Ledger, such as creating and managing chart of accounts, posting journal entries, creating accounting rules and policies, configuring subledger accounting, reporting and analyzing financial data, and more. 1z0-1054-20 exam is aimed at professionals who work with Oracle Financials Cloud: General Ledger and want to validate their skills and competence in implementing and managing its various features and functionalities.

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Oracle 1z0-1054-20 Exam Syllabus Topics:

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

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

Earning the Oracle 1z0-1054-20 certification is an excellent way for professionals to demonstrate their expertise in Oracle Financials Cloud: General Ledger solutions. Oracle Financials Cloud: General Ledger 2020 Implementation Essentials certification can help professionals advance their careers, increase their earning potential, and gain recognition as experts in their field.

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Oracle 1z0-1054-20 certification exam covers a wide range of topics, including the configuration of the general ledger, creation and management of ledgers and currencies, journal processing and management, and financial reporting. Candidates are required to have a solid understanding of accounting principles and practices, as well as experience in implementing and managing financial systems. Passing 1z0-1054-20 exam will help candidates demonstrate their ability to implement, configure, and manage Oracle Financials Cloud: General Ledger 2020, and will enhance their career prospects in the financial management industry.

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