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Oracle 1Z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials

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Reading Time: 10 mins | Publish Date: 12 Apr 2024 | Update Date: 19 Apr 2024

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 dumps.

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 tests.

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

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.

1z0-1054-20 practical tests are excellent sources of learning for the test but do not fulfil the teaching criteria. Oracle University Training Center, Oracle Approved Education Centre, Oracle Authorized Partner or Oracle Workforce Development Program must be provided to fulfil the training requirements. Courses can provide live interactive classes, on-request instruction, learning packages, or an in-class mentor.

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:

  • India - 70,95,000 INR
  • United State - 92,000 USD
  • Europe - 85,500 Euro
  • England - 71,555 POUND

What is the duration, language, and format of Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

  • This exam consists of 55 questions.
  • There is a time limit of 85 minutes for the exam.
  • This exam is only offered in English.
  • Passing score:
  • Chapter 1: 60%
  • Chapter 2: 45%
  • Chapter 3: 33%
  • The type of questions is Multiple Choice Questions.
  • Certification Validity period: 02 years.

Oracle cloud certifications require periodic recertification. To hold your certification inactive condition, you must update to the new edition within 1 year of Oracle’s credential withdrawal.

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

The Oracle 1z0-1054-20 exam costs USD 245 and is available at the Oracle website.

How to Study the Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

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 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.

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

  • Configure the Chart of Accounts
  • Explain Essbase
  • Set up accounting hierarchies
  • Set up the accounting calendar
  • Configure Chart of Accounts Security
  • Configure the legal entity structure and define the relationship to the Chart of Account
  • Configure Ledgers

Cloud Journal Processing

  • Process journal entries
  • Configure automated journal processing
  • Explain the journal approval set up
  • Configure allocations and periodic entries
  • Explain the secondary ledger and reporting currencies

Subledger Accounting

  • Create and manage Accounting Rules
  • Create and process subledger accounting entries
  • Explain the journal description rules
  • Identify supporting references

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 transactions and periods
  • Process intercompany reconciliations

Reporting & Analytics

  • Explain how to design and use various reporting tools
  • Set up the Financials Reporting Studio
  • Explain OTBI and GL Subject Areas
  • Describe Smart View accounting inquiry and analysis
  • Describe the General Accounting Dashboard and Work Areas
  • Analyze budgets versus actuals

Period Close

  • Explain the Close Process
  • Configure and process revaluations
  • Configure and process translations
  • Configure and process consolidations
  • Analyze reconciliations
  • Close monitor

Budgetary Control and Encumbrance

  • Configure and Process Budgets
  • Explain how to analyze and monitor Budget Consumption
  • Configure Encumbrance Accounting
  • Process Encumbrance Journals

Difficulty in Writing of Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

Oracle Accredited Professional, Oracle 1z0-1054-20: Oracle Financials Cloud: Major General Ledger 2020 Deployment Administrator qualification is not the hardest Oracle certification exam, but it is likely to fail without training. It is also strongly advised that candidates plan well by taking 1z0-1054-20 practice tests. Any remaining unanswered queries are viewed as wrong, so after reviewing 1z0-1054-20 dumps you can address all questions. Oracle Certification has certain examination policies that help applicants understand the process and conditions. Candidates for the 1Z0-1054-20 Oracle examination must therefore pass the examination policies and obtain details. Certificate credentials for Oracle Cloud will be valid for just 18 months after passing the examination. At the end of 18 months, this certificate is inactive. For Oracle applicants, active certification is required to have access to different certification advantages such as the use of Oracle certification logos, credentials, scoring reports, digital insignias and certification checks. In addition, the Oracle Cloud Certifications are continually updated year-round with major product and service launches to be kept up to date and published annually with a new title. Therefore, the current iteration of the test must be recertified. The examination registration is permitted on the 14th day after the examination failure. A non-procured online examination can be conducted at any time. You can not take an exam again at any time. In a 12-month cycle, only four attempts will pass an exam. A failing master assignment is required to be submitted within 30 days of receiving the notice of default. You can go to pearsonvue.com/oracle to cancel or reschedule the examination and log in. You have to choose one of the choices on the right side of the page: Return a test or cancel a test. But your complete examination fee is forfeited if you do not appear for a scheduled examination. If you pay the examination fee by means of a voucher, the voucher for future use is not validated.

Who should take the Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

The Oracle Software Application Platform Development 2020 Specialist Examination is tailored for experts with cloud implementation experience. This credential includes issues relevant to the delivery of the services provided by Oracle. This qualification demonstrates comprehension of the management portfolio and the configuration capability of the facilities. Up-to-date preparation and practical expertise are recommended to advise or guide lead implementations or similar activities. Both applicants have this qualification required. This course helps students to identify sub-quests, incorporate multi-questions with SET operators in a single query and report community functions on aggregate results. His chief audience are administrators, researchers, developers and system managers. The course teaches students how to observe key structural elements of Oracle database 12c, to collect data from tables in lines and columns, to manage schema objects, to produce SELECT statements, to use scalar and correlated sub-quests and much more. This course helps students to know how to perform Oracle ledger administrative and management related tasks. The audience includes the administrator, the administrator of the ledger. The course aims to instruct the candidate’s concepts of data competence and auditing, management of tablespaces and undo data, management of the Oracle Database 12c network connections, security and privileges, the understanding of the architecture of the oracle general ledger, monitoring and implementation of the proactive data base instance.

How to book the Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

You do so, by either redeeming a coupon to be bought from Oracle or paying directly with a credit card, if you wish to appear in the Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam. After payment, the test can be scheduled through PearsonVue, the Oracle external test provider.

Benefits in Obtaining Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam Certification

By integrating a broad spectrum of essential cloud features, features and activities, Oracle 1z0-1054-20 Qualification can improve your understanding and ability. The qualification of Oracle Database teaches you If you are unsure which option is best, mark the most appropriate option as a response to your question in 1z0-1054-20 dumps.how to conduct complicated, realistic tasks through research, laboratories, and experience. This credential will allow you to develop a greater understanding and knowledge of Oracle’s leading values. You will be able to mount, manage, tune, and restore ledge environments after obtaining this credential. If you are unsure which option is best, mark the most appropriate option as a response to your question in 1z0-1054-20 dumps. This Oracle Financials Cloud: General Ledger Implementation Enterprise Structures can help you incorporate company structures. The key concepts for Oracle Financials can be identified rapidly. The FSM is used to implement Oracle Financials, the Oracle Fusion General Ledger is established, and all of the basic functions for General Ledger are discussed. This helps you to make sure that Oracle Enterprise systems of General Ledger are implemented easily, quickly and successfully. Oracle Financials Cloud: The general limited education shows you how Oracle General Ledger and related products, including Oracle Intercompany and Financial Reporting Studio, can be used and maintained. You can learn to understand the features of Oracle Fusion General Ledger, explore corporate structural configuration, discuss the Financial Common Applications, use the General Ledger including journal entries, allocations, corporate entries and budgeting, consolidation and reporting. This course helps you understand all the functionality and solutions to help you handle your financial processes efficiently from the start of your journal to the end.

The attainment of this qualification would give you a comparative edge by acquiring a worldwide standard of expertise. 80 percent of accredited Oracle workers indicated that qualification helped them promote, boost salaries or develop their jobs. You will also get a digital badge on your LinkedIn profile. 1z0-1054-20 exam dumps is the safest preparation procedure.

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

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