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  • Exam Code: 1z0-1054-20
  • Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
  • Updated: Sep 16, 2026
  • Q & A: 103 Questions and Answers
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  • Exam Code: 1z0-1054-20
  • Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
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  • Exam Code: 1z0-1054-20
  • Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
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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.

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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:

SectionWeightObjectives
Topic 1: Enterprise and Ledger Configuration25%- Design and configure Chart of Accounts
- Define primary, secondary ledgers and reporting currencies
- Configure legal entity structure
- Configure Chart of Accounts security
- Set up accounting calendars and currencies
Topic 2: Journal Processing20%- Manage journal descriptions and supporting references
- Set up journal approval rules
- Define allocations and periodic entries
- Process manual and automated journal entries
Topic 3: Budgetary Control and Encumbrance10%- Set up budgetary control
- Monitor budget consumption
- Configure and process encumbrance journals
Topic 4: Period Close and Consolidation15%- Configure and run revaluation and translation
- Perform period close process
- Execute consolidations and reconciliations
Topic 5: Reporting and Analytics10%- Explore OTBI and General Ledger subject areas
- Use Financial Reporting Studio
- Leverage Smart View and General Accounting Dashboard
Topic 6: Subledger and Intercompany Accounting20%- Process intercompany transactions and reconciliations
- Create and manage subledger accounting rules
- Configure intercompany setup and balancing rules

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