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Updated: Jul 24, 2026

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Who should take the Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam

The Oracle Software Application Platform Development 2020 Specialist Examination is tailored for experts with cloud implementation experience. This credential includes issues relevant to the delivery of the services provided by Oracle. This qualification demonstrates comprehension of the management portfolio and the configuration capability of the facilities. Up-to-date preparation and practical expertise are recommended to advise or guide lead implementations or similar activities. Both applicants have this qualification required. This course helps students to identify sub-quests, incorporate multi-questions with SET operators in a single query and report community functions on aggregate results. His chief audience are administrators, researchers, developers and system managers. The course teaches students how to observe key structural elements of Oracle database 12c, to collect data from tables in lines and columns, to manage schema objects, to produce SELECT statements, to use scalar and correlated sub-quests and much more. This course helps students to know how to perform Oracle ledger administrative and management related tasks. The audience includes the administrator, the administrator of the ledger. The course aims to instruct the candidate's concepts of data competence and auditing, management of tablespaces and undo data, management of the Oracle Database 12c network connections, security and privileges, the understanding of the architecture of the oracle general ledger, monitoring and implementation of the proactive data base instance.

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

Average Salary for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam Certified Professional

Oracle cloud administrator roles are in great demand nowadays. Oracle 1z0-1054-20 exam certified professionals earn an average salary in:

  • United State - 92,000 USD
  • India - 70,95,000 INR
  • Europe - 85,500 Euro
  • England - 71,555 POUND

Oracle 1z0-1054-20 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
Exam Number:1Z0-1054-20
Certificate Validity Period:18 months from date of pass
Exam Price:USD 245
Exam Format:Multiple Choice, Multiple Response
Real Exam Qty:55
Related Certifications:Oracle Financials Cloud
Oracle Fusion Cloud Financials
Passing Score:60%
Exam Duration:85 minutes
Available Languages:English, Japanese
Recommended Training:Oracle Financials Cloud: General Ledger 2020 Implementation Training
Exam Registration:Oracle University Registration
Pearson VUE Scheduling
Sample Questions:Oracle 1z0-1054-20 Sample Questions
Exam Way:Online proctored or onsite at Pearson VUE test centers
Pre Condition:No mandatory prerequisites; recommended hands-on experience with Oracle Financials Cloud General Ledger
Official Syllabus URL:https://education.oracle.com/oracle-financials-cloud-general-ledger-2020-implementation-essentials/pexam_1Z0-1054-20

Oracle 1z0-1054-20 Exam Syllabus Topics:

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

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