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Oracle 1Z1-1054 Certification Exam is an excellent opportunity for financial professionals to advance in their career and gain recognition for their knowledge and skills in using Oracle General Ledger. Individuals who obtain the certification can showcase their expertise to potential employers, clients, and colleagues, improving their chances of career growth and better job prospects.

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

The Oracle 1Z1-1054 exam consists of 70 multiple-choice questions that test the candidate's knowledge of the core functionalities and features of Oracle General Ledger 2019. The topics covered in the exam include accounting setup, journal processing, financial reporting, and period close. 1Z1-1054 exam also assesses the candidate's ability to configure and implement business rules and security settings, as well as manage financial transactions and budgetary control.

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Oracle Financials Cloud: General Ledger 2019 Implementation Essentials Exam, also known as Oracle 1Z1-1054 Exam, is designed for professionals who possess the skills and knowledge to implement and configure Oracle Financials Cloud: General Ledger 2019 solutions. The Oracle 1Z1-1054 Exam is part of the Oracle Cloud Certification program and is a requirement for the Oracle Financials Cloud: General Ledger 2019 Certified Implementation Specialist certification.

Oracle 1Z1-1054 Exam Syllabus Topics:

SectionObjectives
Chart of Accounts- Segment structure design
  • 1. Value sets and validation rules
    • 2. Account combinations
      Journal Processing- Journal creation and approval
      • 1. Manual journals
        • 2. Recurring journals
          • 3. Journal import processes
            Enterprise Structures and Setup- Ledger Configuration
            • 1. Chart of accounts structure
              • 2. Accounting calendar configuration
                • 3. Primary ledger setup
                  Reporting and Analysis- Financial reporting tools
                  • 1. Financial Reporting Studio (FRS)
                    • 2. Smart View reporting
                      Security and Configuration- GL security model
                      • 1. Data access sets
                        • 2. Roles and privileges
                          Period Close Process- Close activities
                          • 1. Financial reporting preparation
                            • 2. Reconciliations
                              Subledger Accounting Integration- Accounting rules configuration
                              • 1. Account derivation rules
                                • 2. Journal lines rules

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