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Oracle 1Z1-1054 certification is recognized by the industry as a prestigious credential that showcases the holder's expertise in Oracle Financials Cloud: General Ledger 2019 implementation. Oracle Financials Cloud: General Ledger 2019 Implementation Essentials certification provides a competitive advantage to the candidate in the job market and increases their chances of getting hired. Furthermore, the certification is proof of the candidate's commitment to their profession, thus opening up opportunities for career growth and professional development.

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Oracle 1Z1-1054 certification exam is ideal for professionals who are working in finance and accounting and want to enhance their career opportunities. Oracle Financials Cloud: General Ledger 2019 Implementation Essentials certification validates their skills and knowledge in implementing Oracle Financials Cloud: General Ledger 2019 and demonstrates their commitment to ongoing learning and professional development. Moreover, this certification is highly valued by organizations that use Oracle Financials Cloud and can lead to better job opportunities and higher salaries.

Reference: https://education.oracle.com/oracle-financials-cloud-general-ledger-2019-implementation-essentials/pexam_1Z0-1054

To achieve the Oracle 1Z1-1054 certification, candidates need to have a strong understanding of the Oracle Financials Cloud General Ledger 2019. 1Z1-1054 exam evaluates the candidate's ability to navigate in a cloud environment, as well as managing the implementation, configuration, and maintenance of various business functions that is crucial in General Ledger technology.

Oracle 1Z1-1054 Certification Exam is an essential credential for professionals who want to demonstrate their expertise in the implementation of Oracle Financials Cloud: General Ledger 2019. It provides a solid foundation for career advancement in finance, accounting, or IT, and is recognized by employers worldwide.

Oracle 1Z1-1054 Exam Syllabus Topics:

SectionWeightObjectives
Ledgers and Financial Reporting Structures20%- General Ledger balances cube
- Primary and secondary ledgers setup
- Fusion Accounting Hub Reporting Service
- Reporting currencies configuration
Budgetary Control and Encumbrance10%- Encumbrance accounting setup
- Budget consumption monitoring
- Encumbrance journal processing
- Budget configuration and processing
Intercompany Processing10%- Intercompany accounting setup
- Intercompany transactions and reconciliation
- Intercompany Chart of Accounts design
- Intercompany balancing rules
Journal Processing15%- Allocations and periodic entries
- Automated journal processing configuration
- Journal entry creation and processing
- Journal approval setup
- Average Daily Balance processing
Subledger Accounting15%- Subledger accounting entries processing
- Supporting references identification
- Journal description rules
- Accounting rules creation and management
Enterprise Structures20%- Accounting calendar definition
- Chart of Accounts security
- Legal entity structure configuration
- Accounting hierarchies setup
- Chart of Accounts configuration
Period Close and Consolidation10%- Consolidation execution
- Close Monitor usage
- Period close process management
- Revaluation configuration and execution
- Translation setup and processing
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