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

  • Exam Code: 1z0-1054-20
  • Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
  • Updated: Aug 09, 2026
  • Q & A: 103 Questions and Answers

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About Oracle 1z0-1054-20 Exam

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

The Oracle Certified Expert, Oracle 1z0-1054-20: Oracle Financials Cloud: Critical implementation for 2020 The qualification of administrator is for ledger managers with at least 1 year of experience in the implementation of the ledger. It is therefore advisable to consider principles of high availability. You should be able to mount, control, track and restore ledger environments to receive this credential. You will gain a thorough understanding of the fundamentals of implementing the knowledge in preparation for the exam by using the 1z0-1054-20 practice exams. Once you have obtained this credential, you will be able to upgrade, instal, restore and retrieve, adjust and track these modules.

1z0-1054-20 practical tests are excellent sources of learning for the test but do not fulfil the teaching criteria. Oracle University Training Center, Oracle Approved Education Centre, Oracle Authorized Partner or Oracle Workforce Development Program must be provided to fulfil the training requirements. Courses can provide live interactive classes, on-request instruction, learning packages, or an in-class mentor.

Average Salary for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam Certified Professional

Oracle cloud administrator roles are in great demand nowadays. Oracle 1z0-1054-20 exam certified professionals earn an average salary in:

  • United State - 92,000 USD
  • England - 71,555 POUND
  • India - 70,95,000 INR
  • Europe - 85,500 Euro

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

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