Oracle Financials Cloud: General Ledger 2024 Implementation Professional (1Z0-1054-24)

Course Description

Prepare to pass exam: Oracle Financials Cloud: General Ledger 2024 Implementation Professional

The Oracle Financials Cloud: General Ledger 2024 Implementation Professional certification is designed for SaaS Implementation Consultants or Users who implement Oracle Cloud Financials. Individuals who earn this certification are capable of configuring Enterprise and Financial Reporting Structures, Ledgers, Intercompany transactions, Period Close and Financial Reporting, and Processing Journals.

The Oracle Financials Cloud: General Ledger 2024 Implementation Professional certification is a Hands-on Performance based exam comprising of hands-on challenges and multiple choice questions. One needs to pass both sections individually to earn the credential.

If you have a valid Oracle Financials Cloud: General Ledger Implementation Professional Certification, and your credential has not expired, you can maintain your certification by taking the corresponding shorter Delta exam.

Exam topics covered

Configuring Enterprise and Financial Reporting Structures

• Manage Chart of Accounts
  
• Manage Account Hierarchies
• Manage Accounting Calendars
• Manage Chart of Accounts Security
• Manage Legal Jurisdictions, Legal Authorities and Legal Entities
• Manage Geographies
• Manage Currencies

Processing Journals

• Configure the Journal Approval setup
  
• Explain the processes to capture and enter journals
• Explain Average Daily Balance Processing

Configure and Process Intercompany

• Manage Intercompany Balancing Rules and Additional Intercompany and Clearing Options
  
• Set up Intercompany Transaction
• Configure Intercompany Balancing Rules
• Process Intercompany Transactions
• Process intercompany reconciliations

Using Financial Reporting

• Explain the Financial Reporting Center and available reporting tools
  
• Manage Financial Reporting using Financial Reporting Web Studio
• Manage Financial Reporting using Oracle Transactional Business Intelligence
• Managing Financial Reporting using Smart View
• Describe the General Accounting Dashboard and Work Areas
• Analyze budgets versus actuals using reporting tools

Managing Period Close Components

• Explain the Close Process
  
• Manage Revaluations
• Manage Translations
• Manage Consolidations
• Manage Reconciliations
• Configure Close Monitor for efficient period close
• Create Allocations and Periodic Entries

Configuring Ledgers

• Manage Ledgers
  
• Explain the General Ledger Balances Cube
• Manage General Ledger Security