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Oracle 1Z1-1054 Certification Exam is designed for individuals who want to demonstrate their expertise in the implementation of Oracle Financials Cloud: General Ledger 2019. Oracle Financials Cloud: General Ledger 2019 Implementation Essentials (1z0-1054日本語版) certification exam is intended for professionals who have experience working with General Ledger applications and want to validate their skills and knowledge in this specific area.
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 (1z0-1054日本語版) certification is designed for professionals who want to demonstrate their expertise in implementing the General Ledger functionality in Oracle Financials Cloud. 1z1-1054-JPN 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.
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Oracle 1Z1-1054: Oracle Financials Cloud: General Ledger 2019 Implementation Essentials Exam, is a 120-minute exam consisting of 70 questions. Candidates will have to answer multiple-choice, scenario-based, and scenario-based multiple-choice questions requiring them to implement Oracle’s financial cloud application. 1z1-1054-JPN exam requires the candidates to score at least 66% to pass.
To be eligible to take the Oracle 1Z1-1054 certification exam, candidates must have a strong understanding of the fundamentals of accounting and finance, as well as experience working with Oracle Financials Cloud. Candidates must also have practical experience with the implementation of Oracle Financials Cloud and be familiar with the key features and functionality of the platform.
| Section | Weight | Objectives |
|---|---|---|
| Subledger Accounting | 15% | - Subledger accounting entries processing - Supporting references identification - Journal description rules - Accounting rules creation and management |
| Ledgers and Financial Reporting Structures | 20% | - Fusion Accounting Hub Reporting Service - Primary and secondary ledgers setup - Reporting currencies configuration - General Ledger balances cube |
| Budgetary Control and Encumbrance | 10% | - Encumbrance journal processing - Budget consumption monitoring - Encumbrance accounting setup - Budget configuration and processing |
| Enterprise Structures | 20% | - Chart of Accounts security - Accounting hierarchies setup - Accounting calendar definition - Legal entity structure configuration - Chart of Accounts configuration |
| Journal Processing | 15% | - Automated journal processing configuration - Allocations and periodic entries - Average Daily Balance processing - Journal approval setup - Journal entry creation and processing |
| Period Close and Consolidation | 10% | - Revaluation configuration and execution - Translation setup and processing - Close Monitor usage - Consolidation execution - Period close process management |
| Intercompany Processing | 10% | - Intercompany balancing rules - Intercompany accounting setup - Intercompany Chart of Accounts design - Intercompany transactions and reconciliation |
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