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Oracle 1Z1-1054 (Oracle Financials Cloud: General Ledger 2019 Implementation Essentials) certification exam is an essential part of becoming a certified financials consultant. Oracle Financials Cloud: General Ledger 2019 Implementation Essentials certification is designed for professionals who want to demonstrate their expertise in implementing the General Ledger functionality in Oracle Financials Cloud. 1Z1-1054 exam evaluates a candidate's proficiency in configuring and setting up the Oracle Financials Cloud General Ledger for different organizations, accounting policies, and business processes.
Reference: https://education.oracle.com/oracle-financials-cloud-general-ledger-2019-implementation-essentials/pexam_1Z0-1054
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Oracle 1Z1-1054 exam is a certification test that focuses on Oracle Financials Cloud: General Ledger implementation essentials. 1Z1-1054 exam is designed to validate the knowledge and skills of implementation consultants, project managers, and technical support personnel. 1Z1-1054 exam tests the candidate's understanding of various aspects of the Oracle Financials Cloud General Ledger, including business processes, features, functions, and configuration options.
Oracle 1Z1-1054 exam is an excellent opportunity for professionals to demonstrate their expertise in Oracle Financials Cloud: General Ledger 2019 Implementation Essentials. Oracle Financials Cloud: General Ledger 2019 Implementation Essentials certification can help professionals to advance their careers and enhance their skills in financial management. Oracle Financials Cloud: General Ledger 2019 Implementation Essentials certification also helps professionals to gain recognition in the industry and opens up new career opportunities.
To excel in the Oracle 1Z1-1054 exam, candidates must have prior experience in implementing Oracle Financials Cloud: General Ledger. 1Z1-1054 exam covers topics such as setting up accounting configurations, managing ledgers and balancing segments, creating consolidation hierarchies, defining financial reporting structures, and configuring the General Ledger to meet compliance requirements. Candidates should be familiar with the latest features and functionalities of Oracle Financials Cloud: General Ledger 2019 Implementation Essentials.
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Oracle 1Z1-1054 Exam Syllabus Topics:
| Section | Objectives |
| Enterprise Structures and Setup | - Ledger Configuration
- 1. Primary ledger setup
- 2. Chart of accounts structure
- 3. Accounting calendar configuration
|
| Reporting and Analysis | - Financial reporting tools
- 1. Smart View reporting
- 2. Financial Reporting Studio (FRS)
|
| Period Close Process | - Close activities
- 1. Financial reporting preparation
- 2. Reconciliations
|
| Chart of Accounts | - Segment structure design
- 1. Value sets and validation rules
- 2. Account combinations
|
| Journal Processing | - Journal creation and approval
- 1. Recurring journals
- 2. Journal import processes
- 3. Manual journals
|
| Security and Configuration | - GL security model
- 1. Data access sets
- 2. Roles and privileges
|
| Subledger Accounting Integration | - Accounting rules configuration
- 1. Account derivation rules
- 2. Journal lines rules
|