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Last Updated: Jul 19, 2026
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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 Chart of Accounts
- Explain Essbase
- Configure the legal entity structure and define the relationship to the Chart of Account
- Configure Ledgers
- Set up accounting hierarchies
- Configure Chart of Accounts Security
Cloud Journal Processing
- Process journal entries
- Explain the secondary ledger and reporting currencies
- Configure automated journal processing
- Explain the journal approval set up
- Configure allocations and periodic entries
Subledger Accounting
- Identify supporting references
- Explain the journal description rules
- Create and manage Accounting Rules
- Create and process subledger accounting entries
Intercompany Processing
-Create the Chart of Accounts and segment level rules for intercompany transactions.
- Set up Intercompany Accounting (system options, transaction types, organizations)
- Describe intercompany balancing
- Process intercompany reconciliations
- Process intercompany transactions and periods
Reporting & Analytics
- Describe Smart View accounting inquiry and analysis
- Set up the Financials Reporting Studio
- Explain how to design and use various reporting tools
- Explain OTBI and GL Subject Areas
- Analyze budgets versus actuals
- Describe the General Accounting Dashboard and Work Areas
Period Close
- Analyze reconciliations
- Configure and process revaluations
- Explain the Close Process
- Configure and process consolidations
- Configure and process translations
- Close monitor
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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For the Oracle 1z0-1054-20 PDF there are several directions to plan. Different techniques will be established if you intend to take this test. Candidates may link to many online PDF files and consult online videos to schedule the test. Different websites provide practical exams to help you study for the examination. The most up-to-date certificate questions are 1z0-1054-20 practice exams, and we suggest that you do the tests 1z0-1054-20 exam dumps PDF after your research. Before taking the Oracle 1z0-1054-20 test, applicants must take a qualification course or preparation that often helps them to study for the exam.
How to Prepare for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam
Preparation Guide for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Administrator Exam
Introduction
Oracle is a global American information technology corporation located in California. Oracle is a multinational organisation that designs enterprise software systems. Oracle sells numerous cloud-based software and frameworks, as well as hardware and resources to help businesses grow their operations. The emphasis of Oracle's applications is data processing, market intelligence, IT operational management, corporate resource planning, protection, and new technologies. Oracle is well known for its hardware and cloud applications. Oracle Cloud, DBMS, is one of the most common corporate databases in the world.
Oracle also designs and develops methods and software for middle-tier application management frameworks, Human Capital Management (HCM), Customer Relationship Management (CRM), Enterprise Resource Planning Systems (ERP) and Supply Chain Management systems (SCM). Oracle Database is a multi-model database management framework generally known as the Oracle Database Management System (DBMS). It is a commonly used database for executing applications for data storage and transaction processing. Oracle Database is open to a variety of service providers on server, premises or mixed cloud installation.
This exam guide gives a brief introduction to the topics of 1z0-1054-20 practice exams and 1z0-1054-20 exam dumps.
Average Salary for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam Certified Professional
Oracle cloud administrator roles are in great demand nowadays. Oracle 1z0-1054-20 exam certified professionals earn an average salary in:
- England - 71,555 POUND
- United State - 92,000 USD
- India - 70,95,000 INR
- Europe - 85,500 Euro
Oracle 1z0-1054-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Period Close and Consolidation | 15% | - Execute consolidations and reconciliations - Configure and run revaluation and translation - Perform period close process |
| Topic 2: Budgetary Control and Encumbrance | 10% | - Configure and process encumbrance journals - Set up budgetary control - Monitor budget consumption |
| Topic 3: Journal Processing | 20% | - Manage journal descriptions and supporting references - Process manual and automated journal entries - Define allocations and periodic entries - Set up journal approval rules |
| Topic 4: Subledger and Intercompany Accounting | 20% | - Process intercompany transactions and reconciliations - Configure intercompany setup and balancing rules - Create and manage subledger accounting rules |
| Topic 5: Reporting and Analytics | 10% | - Explore OTBI and General Ledger subject areas - Leverage Smart View and General Accounting Dashboard - Use Financial Reporting Studio |
| Topic 6: Enterprise and Ledger Configuration | 25% | - Configure Chart of Accounts security - Design and configure Chart of Accounts - Configure legal entity structure - Set up accounting calendars and currencies - Define primary, secondary ledgers and reporting currencies |
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