Oracle 1Z0-1054-21 exam dumps - Oracle Financials Cloud: General Ledger 2021 Implementation Essentials

  • Exam Code: 1Z0-1054-21
  • Exam Name: Oracle Financials Cloud: General Ledger 2021 Implementation Essentials
  • Updated: Sep 09, 2026     Q & A: 136 Questions and Answers

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Oracle Financials Cloud: General Ledger 2021 Implementation Essentials exam is intended for IT professionals who have experience in implementing Oracle Financials Cloud: General Ledger 2021 solution. The professionals who take 1Z0-1054-21 exam should have a good understanding of the Oracle Financials Cloud: General Ledger 2021 solution and its features. They should also have experience in implementing other Oracle Cloud solutions. The professionals who pass 1Z0-1054-21 exam will be able to demonstrate their expertise in implementing the Oracle Financials Cloud: General Ledger 2021 solution.

Oracle 1Z0-1054-21 exam is a challenging exam that requires candidates to have a strong understanding of the Oracle Financials Cloud: General Ledger 2021 module. Candidates must have hands-on experience with the product to pass the exam. Oracle Financials Cloud: General Ledger 2021 Implementation Essentials certification is an excellent way for candidates to demonstrate their proficiency in implementing financial solutions using Oracle Financials Cloud: General Ledger 2021 and increase their career opportunities in the field of finance.

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Oracle 1Z0-1054-21 exam is a certification exam that focuses on Oracle Financials Cloud: General Ledger 2021 Implementation Essentials. 1Z0-1054-21 exam is designed for professionals who want to validate their skills and knowledge in implementing and configuring Oracle Financials Cloud: General Ledger. 1Z0-1054-21 exam is intended for individuals who have a strong understanding of financial concepts and have experience working with Oracle Financials Cloud.

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Oracle 1Z0-1054-21 exam is a 120-minute test that includes 70 multiple-choice questions. 1Z0-1054-21 exam covers a variety of topics including General Ledger Configuration, Financial Reporting, and Period Close. 1Z0-1054-21 exam is designed to test the candidate's ability to configure the General Ledger module, create and manage accounting periods, and generate financial reports using the Oracle Financials Cloud.

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Oracle 1Z0-1054-21 Exam Syllabus Topics:

SectionWeightObjectives
Period Close and Financial Reporting15%- Generate financial statements and reports
- Manage accounting periods
- Use Financial Reporting Studio and Smart View
- Perform revaluation, translation, and consolidation
Intercompany and Intracompany Balancing10%- Process and reconcile intercompany entries
- Set up intracompany balancing rules
- Configure intercompany transactions
Budgetary Control and Encumbrance Accounting10%- Configure budgetary control
- Monitor budget balances and control
- Set up encumbrance accounting
Enterprise and Financial Reporting Structures20%- Define enterprise structures
- Configure chart of accounts
- Define financial reporting structures
- Manage segment value security
Ledgers and Accounting Setup25%- Configure currencies, calendars, and accounting conventions
- Define ledgers and ledger sets
- Define data access sets
- Set up subledger accounting
Journal Processing20%- Perform journal adjustments and reversals
- Create and approve journal entries
- Manage allocations and recurring journals
- Import and post journals

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