Oracle Financials Cloud: General Ledger 2019 Implementation Essentials : 1Z1-1054

1Z1-1054 real exams

Exam Code: 1Z1-1054

Exam Name: Oracle Financials Cloud: General Ledger 2019 Implementation Essentials

Updated: Sep 29, 2026

Q & A: 78 Questions and Answers

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About Oracle 1Z1-1054 Exam

The Oracle Financials Cloud: General Ledger 2019 Implementation Essentials certification exam is intended for financial professionals who work with Oracle Financials Cloud General Ledger 2019 application, including but not limited to project managers, financial analysts, system administrators, and financial consultants. 1Z1-1054 exam enables individuals to demonstrate their proficiency and expertise in using the Oracle General Ledger application.

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Oracle 1Z1-1054 Exam is a certification exam that is specifically designed for individuals who are seeking to become well-versed in Oracle Financials Cloud: General Ledger 2019 Implementation Essentials. 1Z1-1054 exam is aimed at testing an individual's knowledge and expertise in implementing the Oracle Financials Cloud General Ledger features, including creating and maintaining journals, running accounting reports, and managing accounting periods. 1Z1-1054 exam is an excellent way for professionals to validate their skill set and demonstrate their proficiency in Oracle Financials Cloud.

Oracle 1Z1-1054 certification exam is an essential credential for finance professionals who want to demonstrate their proficiency in Oracle Financials Cloud General Ledger implementation. Oracle Financials Cloud: General Ledger 2019 Implementation Essentials certification exam tests a candidate's skills and knowledge across a range of complex topics, and having this credential proves that the candidate has the requisite skills to configure and manage the General Ledger functionality in Oracle Financials Cloud. Obtaining this certification can offer significant benefits in terms of job opportunities and career advancement.

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

Oracle 1Z1-1054 Exam Syllabus Topics:

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

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