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Preparation Guide for Oracle 1z0-1054-20: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Administrator Exam
Introduction
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.
Oracle also designs and develops methods and software for middle-tier application management frameworks, Human Capital Management (HCM), Customer Relationship Management (CRM), Enterprise Resource Planning Systems (ERP) and Supply Chain Management systems (SCM). Oracle Database is a multi-model database management framework generally known as the Oracle Database Management System (DBMS). It is a commonly used database for executing applications for data storage and transaction processing. Oracle Database is open to a variety of service providers on server, premises or mixed cloud installation.
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| Section | Objectives |
|---|---|
| General Ledger Cloud Setup | - Enterprise Structures - Chart of Accounts Configuration |
| Intercompany Processing | - Intercompany Balancing Rules |
| Journal Processing | - Allocation Rules - Journal Entries and Processing Rules |
| Period Close and Budgetary Control | - Budgetary Control and Encumbrance - Period Close Processes |
| Subledger Accounting | - Subledger to Ledger Reconciliation |
| Reporting and Analytics | - Financial Reporting Studio and OTBI |
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