1Z0-1054-25 : Oracle Fusion Cloud Financials: General Ledger

Prepare for the Oracle Fusion Cloud Financials: General Ledger 2025 Implementation Professional exam with this focused and streamlined practice test course.

Comprehensive 1z0-1054-25 practice test covering all exam objectives, aligned with the latest Oracle guidelines for accurate and effective preparation.

Exam Topics Covered

Implementing Enterprise and Financial Reporting Structures

Explain the key features and capabilities of Enterprise and Financial Reporting Structures

• Define the fundamental structure of an enterprise

• Explain the functionalities of Legal Entity, Legal Jurisdiction, and Geographies

• Explain the Chart of Accounts design

Configure Financial Reporting Structures

• Set up Chart of Accounts structures and instances

• Set up Chart of Accounts Security

• Set up Account Hierarchies

• Set up Accounting Calendar and Currencies

Implementing Ledgers

Configure Ledgers

• Define Ledgers

• Define General Ledger Security

• Leverage General Ledgers Balances Cubes

Implementing and Managing Journals

Explain the key features and capabilities of processing journals

• Explain the process of creating journals from different sources

Configure Journals

• Set up Journal Objects

• Set up Journal Approval

• Manage journals

Processing Intercompany

Explain the key features and functionalities of Intercompany

• Describe the Intercompany functionality

Configure Intercompany transactions

• Set up Intercompany Balancing rules

• Configure additional Intercompany Balancing and Clearing options

• Implement other Intercompany setups

Process Intercompany transactions and reconciliations

• Manage Intercompany transactions

• Manage Intercompany reconciliations

Performing Period Close

Describe the Period Close process

• Explain Period Close

• Describe Reconciliations

• Explain Revaluation and Translation

• Describe consolidation options in GL

Configure Period Close

• Set up the Period Close Monitor

• Manage options for reconciliations

• Manage Revaluation and Translation

• Set up Allocations

• Manage Chart of Account Mappings for Consolidation

Configuring Financial Reports

Explain the various financial reporting options

• Explain the Financial Reporting Center and Reporting tools

• Describe the role of Financial Reporting Web Studio

• Explain OTBI reporting

• Describe the usage of Smart View reports

• Describe the General Accounting Dashboard components

Create Financial Reports and Analyses

• Define Account Groups

• Create Financial Reporting Web Studio reports

• Create OTBI Analyses

• Create Smart View reports

• Set up user-defined infolets

• Leverage General Accounting infolets

Using AI/ML/Mobile and Other Automation Features

• Identify the business value and capabilities available in AI/ML/Mobile and other automation features

Exam Details:

• Exam Name: Oracle Fusion Cloud Financials: General Ledger 2025 Implementation Professional

• Exam Number: 1z0-1054-25

• Passing Score: 68%

• Exam Duration: 90 minutes

Whether you're just beginning your journey or doing a final knowledge check before the exam, this practice test will help ensure you're well-prepared for success.