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

1z0-1054-20

Exam Code: 1z0-1054-20

Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials

Updated: Aug 29, 2026

Q & A: 103 Questions and Answers

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About Oracle 1z0-1054-20 Exam

Oracle 1z0-1054-20 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Set up the Financials Reporting Studio
  • Set up the accounting calendar
  • Set up accounting hierarchies
Topic 2
  • Process Encumbrance Journals
  • Analyze reconciliations
  • Intercompany Processing
Topic 3
  • Configure and Process Budgets
  • Design the Chart of Accounts and segment level rules for intercompany
Topic 4
  • Identify supporting references
  • Set up Intercompany Accounting
Topic 5
  • Process intercompany transactions and periods
  • Configure allocations and periodic entries
Topic 6
  • Explain the journal description rules
  • Describe intercompany balancing
Topic 7
  • Configure Encumbrance Accounting
  • Configure automated journal processing
Topic 8
  • Configure the legal entity structure and define the relationship to the Chart of Account
  • Explain the Close Process
Topic 9
  • Describe the General Accounting Dashboard and Work Areas
  • Process journal entries
Topic 10
  • Explain how to design and use various reporting tools
  • Explain the secondary ledger and reporting currencies
Topic 11
  • Configure Chart of Accounts Security
  • Configure and process revaluations
  • Configure and process translations
Topic 12
  • Create and process subledger accounting entries
  • Configure and process consolidations

Reference: https://education.oracle.com/oracle-financials-cloud-general-ledger-2020-implementation-essentials/pexam_1Z0-1054-20

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

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

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.

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 exams.

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