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1Z0-1054 Oracle Financials Cloud: General Ledger

Pass Oracle General Ledger Cloud 2019 Implementation Essentials 1Z0-1054 exam
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You will be able to clear Fusion General Ledger Certification in one attempt

Oracle General Ledger  Implementation Essentials 1Z0-1054 exam test series

It covers the entire syllabus as prescribed by the Oracle University

Enterprise 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

Subledger Accounting

  • Create and manage Accounting Rules

  • Create and process subledger accounting entries

  • Explain the journal description rules

  • Identify supporting references

Reporting & Anaytics

  • 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

Budgetary Control and Encumbrance

  • Configure and Process Budgets

  • Explain how to analyze and monitor Budget Consumption

  • Configure Encumbrance Accounting

  • Process Encumbrance Journals

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

Intercompany Processing

  • Design the Chart of Accounts and segment level rules for intercompany

  • Set up Intercompany Accounting (system options, transaction types, organizations)

  • Describe intercompany balancing

  • Process intercompany transactions and periods

  • Process intercompany reconciliations

Period Close

  • Explain the Close Process

  • Configure and process revaluations

  • Configure and process translations

  • Configure and process consolidations

  • Analyze reconciliations

  • Close monitor

1Z0-1054 Oracle Financials Cloud: General Ledger
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