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Oracle Financials Cloud: Payables 2021 Implementation Essentials exam, also known as 1Z0-1055-21, is an industry-recognized certification that validates the skills and knowledge required to implement Oracle Financials Cloud: Payables solutions. 1Z0-1055-21 exam is designed for individuals who have a strong understanding of financial processes and want to demonstrate their expertise in implementing and configuring Oracle Financials Cloud: Payables solutions. 1Z0-1055-21 exam covers topics such as setting up suppliers, invoices, payments, and configuring automatic payment processing, among others.
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Oracle 1Z0-1055-21 exam is a requirement for individuals who want to become certified as an Oracle Financials Cloud Payables 2021 Implementation Specialist. Oracle Financials Cloud: Payables 2021 Implementation Essentials certification validates the skills and knowledge required to implement and manage the Oracle Financials Cloud Payables application. To earn this certification, candidates must pass the Oracle 1Z0-1055-21 exam and meet other requirements, such as completing training courses and submitting a course submission form.
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Payables Configuration and Setup | 20% | - Integrated Imaging Solution - Manage Business Units - Configure Payables and Payments - Manage Suppliers |
| Topic 2: Expense Management | 20% | - Manage Expense Approval - Manage Corporate Cards - Process Expense Reimbursements - Audit Expense Reports - Enter Expense Reports |
| Topic 3: Invoices and Subledger Accounting | 25% | - Invoice Approvals - Create and Account for Invoices - Manage Withholding and Transaction Taxes - Manage Subledger Accounting |
| Topic 4: Reporting and Period Close | 15% | - Period Close Process - Payables to Ledger Reconciliation - OTBI and BIP Reports |
| Topic 5: Payments and Bank Reconciliation | 20% | - Bank Reconciliations - Create and Process Payments - Manage Payment Approvals |
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