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Oracle 1Z1-1055 certification exam is an excellent way to enhance your career prospects in the Oracle Financials Cloud: Payables domain. Oracle Financials Cloud: Payables 2019 Implementation Essentials certification demonstrates your expertise in implementing and configuring the Oracle Financials Cloud: Payables application, which is a highly valued skill in the industry. Oracle Financials Cloud: Payables 2019 Implementation Essentials certification is recognized globally and is a valuable asset for professionals seeking job opportunities in multinational companies.
To prepare for the Oracle 1Z1-1055 exam, it is essential to have a solid understanding of the Oracle Financials Cloud Payables module. It is also recommended that you take relevant training courses and practice using the software in a real-world environment. Preparing for the exam not only improves your chances of passing, but also helps deepen your knowledge of the Oracle Financials Cloud Payables module.
Oracle 1Z1-1055 certification exam is designed for professionals who want to demonstrate their expertise in implementing Oracle Financials Cloud: Payables 2019. 1Z1-1055 exam is intended to test the candidate's knowledge of the various aspects of the financials cloud and assess their ability to implement and configure the payables module of the platform. 1Z1-1055 exam is aimed at individuals who have experience in implementing financial applications, and it is a popular choice for those who wish to advance their careers in financial management.
To earn the Oracle 1Z1-1055 certification, candidates must demonstrate their understanding of key concepts such as configuring invoice approval workflows, setting up payment formats, defining payment terms, and performing reconciliations. 1Z1-1055 exam also tests candidates on their ability to troubleshoot and resolve issues related to Oracle Financials Cloud Payables.
Oracle 1Z1-1055 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Reporting, Reconciliation and Period Close | 15% | - Manage Period Close Process - Perform Payables to Ledger Reconciliation - Explain Integrated Imaging Solutions - Use Payables Standard Reports - Use BI Publisher and OTBI Reporting |
| Payables Setups | 20% | - Configure Payables System Options - Manage Reference Data Sets - Manage Supplier Master Data - Configure Business Units - Define Subledger Accounting |
| Payments Configuration and Processing | 25% | - Manage Payment Approvals and Security - Setup Payment Methods and Formats - Account for Payments - Manage Bank Accounts and Payment Systems - Create and Process Payments |
| Invoice Processing | 25% | - Create and Enter Invoices - Apply Holds and Releases - Perform Invoice Validation - Process Withholding and Income Tax - Manage Invoice Matching |
| Expense Management | 15% | - Manage Expense Approvals - Integrate Expenses with Payables - Enter and Audit Expense Reports - Process Expense Reimbursements - Configure Expense Policies |
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