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Reference: https://education.oracle.com/oracle-financials-cloud-general-ledger-2020-implementation-essentials/pexam_1Z0-1054-20

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Oracle is a global American information technology corporation located in California. Oracle is a multinational organisation that designs enterprise software systems. Oracle sells numerous cloud-based software and frameworks, as well as hardware and resources to help businesses grow their operations. The emphasis of Oracle's applications is data processing, market intelligence, IT operational management, corporate resource planning, protection, and new technologies. Oracle is well known for its hardware and cloud applications. Oracle Cloud, DBMS, is one of the most common corporate databases in the world.

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Oracle 1z0-1054-20 Exam Syllabus Topics:

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

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