Oracle Cloud: General Ledger 2019 Implementations Essentials Certification 1Z0-1054 is the exam to take if you want to make a name for yourself in the Oracle Cloud field. The 1Z0-1054 exam is one of the most popular and well-known in the IT Cloud sector. The test gives you a competitive advantage over others, which helps you ensure your future. Obtaining an Oracle 1Z0-1054 test certification may lead to a myriad of job opportunities. This test is the way to go because it verifies your experience. In this post, we will offer you a study guide to help you pass the Oracle 1Z0-1054 test.
What is Oracle General Ledger 2019 (1Z0-1054) exam?
The Oracle Financials Cloud: General Ledger 2019 Implementation Essentials 1Z0-1054 exam will help you become an Oracle Financials Cloud: General Ledger 2019 Certified Implementation Specialist. This exam is specially designed for candidates who possess a strong foundation and expertise in selling and implementing Oracle Financials Cloud Service Solutions.
General Set-Up, Journal Processing, Enterprise Structures, Sub Ledger Accounting, Intercompany Processing, Reporting & Dashboards, Period Close, and Budgetary Control & Encumbrances are all components of this certification test. Up-to-date training and on-the-job experience are required. Further, to pass this test and become an Oracle Financials Cloud: General Ledger 2019 Certified Implementation Specialist, you must achieve at least 60%.
Why choose Oracle (1Z0-1054) Exam?
Oracle certifications are world-renowned. They help you step up your professional ladder. Oracle 1Z0-1054 certification is a benchmark of experience and expertise that claims to help you stand out from the crowd. On the successful completion of your exam, you will be awarded an Oracle Specialist badge. By clicking on your badge, anybody may verify your Oracle Certification. However, each badge contains particular information about the talents you acquired. Add an Oracle Certification Badge to your LinkedIn profile, Facebook page, or Twitter account and you’ll have a slew of lucrative job opportunities at your fingertips.
Benefits of Oracle (1Z0-1054) Exam:
Some of the important benefits listed for you to boost your learning and start your energies focused towards preparation.
- Career Growth
- Most of the top companies in the world use Oracle Software. Therefore the demand for an Oracle Certified Specialist has seen a splurge. Hence securing an Oracle certified badge and passing the 1Z0-1054 Exam will surely bring a great career growth for you.
- Competitive Edge
- Earning an oracle 1Z0-1054 certification equips you with the in-demand skills, making you a more marketable candidate among your competitors in a job. Further, this certification validates your expertise and provides you with a competitive edge over others.
- Credibility
- This certification provides great credibility to your career profile. 1Z0-1054 exam expands your skills and helps you unlock a large number of potential career opportunities. Moreover, this certification grants you access to a digital badge which can be flaunted on your social media as well!
Oracle (1Z0-1054) Key skills to Learn
The Oracle 1Z0-1054 exam validates your expertise in the IT field and also helps in development of the following skills-
- Firstly, Accounting Rules
- Secondly, Budgetary Control and Encumbrance
- Thirdly, Encumbrance Accounting
- Then, Enterprise Structures Configuration
- Subsequently, General Ledger
- Also, Intercompany Processing
- Next, Journal Processing
- Additionally, Oracle Financials Cloud
- Period Close
- Lastly, Sub ledger Accounting
Before you embark on your journey to become an Oracle Financials Cloud: General Ledger 2019 Certified Implementation Specialist, we provide you with the basic exam details.
Exam Overview
Oracle Financials Cloud: General Ledger 2019 Implementation Essentials exam has 70 questions which are to be attempted within a time frame of 120 minutes. Oracle provides specialised training to make the candidates ready for this exam.
| Exam Title | Oracle Financials Cloud: General Ledger 2019 Implementation Essentials |
| Exam No. | 1Z0-1054 |
| Exam Price | $245 USD |
| Format | Multiple Choice |
| Duration | 120 Minutes |
| No. Of Questions | 70 |
| Passing Score | 60% |
| Validated Against | Exam Has Been Validated Against 19C |
Scheduling the Exam
- First of all, Purchase an Exam Voucher from Oracle University and redeem it within 6 months.
- Secondly, if you’re ready to take your exam, schedule it now and pay directly with a credit card, or redeem a voucher you’ve purchased from Oracle.
- Either way, you’ll schedule it through external testing provider that is PearsonVue.
- Finally, Register for exam at Oracle testing centre.
Course Outline for Oracle (1Z0-1054) Exam
The Oracle Financials Cloud: General Ledger 2019 Implementation Essentials 1z0-1054 exam consists of the following 7 topics that constitute as the syllabus for the multiple-choice questions for the exam.
| Exam Course Structure |
| Enterprise Structures |
| Sub ledger Accounting |
| Reporting & Analytics |
| Budgetary Control and Encumbrance |
| Journal Processing |
| Intercompany Processing |
| Period Close |
Exam Modules
The Oracle 1Z0-1054 Exam consists of 7 main topics. Each module of this exam is further divided into various subtopics. Further, these subtopics will help you focus on each module while also assisting you in acing your preparations.
1. Enterprise Structures
- Firstly, configuring the chart of accounts
- Secondly, explaining Essbase
- Then, setting up accounting hierarchies
- Next, setting up the accounting calendar
- Subsequently, configuring chart of accounts security
- Lastly, configuring the legal entity structure and define the relationship to the chart of account
2. Sub Ledger Accounting
- Firstly, creating and manage accounting rules
- Next, creating and process sub ledger accounting entries
- Additionally, explaining the journal description rules
- Also, identifying supporting references
3. Reporting & Analytics
- Firstly, explaining how to design and use various reporting tools
- Then, setting up the financials reporting studio
- Next, explaining OTBI and GL subject areas
- Also, describing smart view accounting inquiry and analysis
- Additionally, describing the general accounting dashboard and work areas
- Moreover, analysing budgets versus actuals
- Lastly, describing the fusion accounting hub reporting service
4. Budgetary Control and Encumbrance
- Firstly, configuring and process budgets
- Secondly, explaining how to analyse and monitor budget consumption
- Thirdly, configuring encumbrance accounting
- Lastly, processing encumbrance journals
5. Journal Processing
- To begin with, processing journal entries
- Next, configuring automated journal processing
- Subsequently, explaining the journal approval set up
- Moreover, configuring allocations and periodic entries
- Not to mention, explaining average daily balance processing
- Also, explaining the secondary ledger and reporting currencies
6. Inter company Processing
- Firstly, designing the chart of accounts and segment level rules for intercompany
- Then, setting up intercompany accounting (system options, transaction types, organizations)
- Next, describing intercompany balancing
- Also, processing intercompany transactions and periods
- Additionally, processing intercompany reconciliations
7. Period Close
- To begin with, explaining the close process
- Then, configuring and process revaluations
- Next, configuring and process translations
- Also, configuring and process consolidations
- Additionally, analysing reconciliations
- Lastly, it includes close monitor
Exam Retake Policy
If you are unable to clear the exam on the very first attempt, then Oracle provides a retake policy. You must wait 14 days before retaking the exam. An online non-proctored exam can be retaken at any time. Further, you are allowed only 4 attempts to pass an exam in a 12 month period.
Preparation Guide for Oracle (1Z0-1054) Exam
The task of preparing for an exam involves lots of hard work and consistency. It is the key for your dream career and we know how much you yearn for it. So don’t worry, we provide you with a preparatory guide below to escort you through your journey for 1Z0-1054 Exam.
1. Understand the course
Firstly go through the exam course and all the subtopics. Review all the modules of the exam to familiarise with each concept. Then, prepare a study plan based on the time period you have till your actual exam day.
2. Refer the Exam Guide
The Oracle Cloud: General Ledger 2019 Implementations Essentials 1Z0-1054 exam guide provides you with a clear view of the exam objectives. In order to prepare well, you should surely refer the Exam guide by Oracle.
3. Training programme
Oracle offers its own training programme for its 1Z0-1054 exam. This programme indeed helps you to have a real world experience of the concepts.
4. Oracle Financials Cloud Learning Subscription
This training program is updated with the current changes in the cloud industry. Additionally, you will get 24/7 access to a comprehensive set of learning courses and high-quality training videos provided by Oracle experts. Furthermore, this provides a continuous learning experience and when combined with hands on training proves to be best for passing this exam.
5. Start Practicing Now!
Practice tests prepare you for the real exams in a very systematic manner. We know practice makes a man perfect. Therefore attempting an ample number of tests will make you ready for the exam. Moreover, these exams help you identify your weaker areas. Strengthening them will surely bring success in the exam. Prepare for Oracle 1Z0-1054 Exam now!
6. Join a community
Joining online forums and study groups proves to be really fruitful in the exams. This helps you learn from the experience of experts. You can also ask and clarify your doubts. The experts provide valuable insights for you to achieve this certification.
7. On the Exam day
The exam day can be really stressful. The exam day can bring in waves of nervousness. For the exam it is essential to be in the best state of mind. Don’t panic as that may affect your performance. Have trust in your preparations and believe in your instincts.
After the exam:
Within 30 minutes of you completing your 1Z0-340 exam, you will receive an email form Oracle notifying you that your exam results are ready and are available on CertView. To view your result-
- Create an account on CertView and authenticate it
- Secondly, if you have previously authenticated one, simply login in your account
- Select the “See My New Exam Result Now”
- Lastly, preview your result.
Expert Edge
The Oracle Cloud: General Ledger 2019 Implementations Essentials Certification 1Z0-1054 exam will open new realms in your career. It will validate your skills and also broaden your network. It will provide you with the essential skillset to make you ready for the industry. Follow the above preparation guide and begin early. Lastly, remain consistent with your preparations and this exam will be a cakewalk for you.
Stand out in the competitive market and spike your earning potential Now!
Boost your chances and qualify Oracle Cloud: General Ledger 2019 Implementations Essentials Certification 1Z0-1054 exam Now!
