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Oracle 1z0-1054-20 exam is designed for professionals who have experience working with Oracle Financials Cloud and have a solid understanding of financial accounting principles. 1z0-1054-20 exam is intended to validate the skills and knowledge of candidates in implementing and configuring the GL module of the Oracle Financials Cloud. Passing the exam demonstrates that a candidate has a deep understanding of the key concepts and best practices related to GL implementation and configuration.

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Becoming certified in Oracle Financials Cloud: General Ledger 2020 Implementation Essentials can be a valuable asset for finance professionals who are seeking to advance their careers. Holding this certification can demonstrate to employers and clients that a candidate has the knowledge and skills needed to effectively manage financial data and reporting using the Oracle Financials Cloud platform. In addition, earning this certification can help individuals stand out in a competitive job market and may lead to increased job opportunities and higher salaries.

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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:

SectionObjectives
Topic 1: Period Close and Budgetary Control- Period Close Processes
- Budgetary Control and Encumbrance
Topic 2: Subledger Accounting- Subledger to Ledger Reconciliation
Topic 3: Journal Processing- Allocation Rules
- Journal Entries and Processing Rules
Topic 4: Intercompany Processing- Intercompany Balancing Rules
Topic 5: General Ledger Cloud Setup- Enterprise Structures
- Chart of Accounts Configuration
Topic 6: Reporting and Analytics- Financial Reporting Studio and OTBI

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