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