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Oracle 1z1-961 certification exam is designed for professionals who are looking to validate their skills and knowledge in implementing Oracle Financials Cloud: Payables 2017. 1z1-961 exam is intended for individuals who have a strong understanding of the Oracle Financials Cloud application and are familiar with the fundamentals of accounts payable.

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Oracle 1z1-961 exam is composed of 70 multiple-choice questions in a time limit of 105 minutes. The topics covered by the exam include managing supplier accounts payable and invoices, managing payments and reconciliation, managing accounting entries and journal processing, using financial accounting hub, and many more. 1z1-961 exam is not only a test of your technical knowledge but also a test of your practical experience in solving complex problems using Oracle Financials Cloud.

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Oracle 1z1-961 (Oracle Financials Cloud: Payables 2017 Implementation Essentials) Certification Exam is a comprehensive test that helps validate the skills and knowledge of professionals who are involved in implementing payables solutions in the Oracle Financials Cloud. Candidates who successfully pass the exam are recognized as certified experts in the field and are able to demonstrate their ability to plan, design, configure, and implement payables solutions using the Oracle Financials Cloud.

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-961

Oracle 1z1-961 exam is a comprehensive test that covers a wide range of topics related to the payables module of the Oracle Financials Cloud. These topics include invoice processing, payments processing, invoice accounting, and more. Candidates must be able to demonstrate their knowledge and understanding of these topics in order to pass the exam and earn their certification.

Oracle 1z1-961 Exam Syllabus Topics:

SectionObjectives
Topic 1: Payments Processing- Payment Methods and Formats
- Payment Processing and Scheduling
- Payment Reconciliation
Topic 2: Oracle Financials Cloud Payables Overview- Payables Setup and Configuration Basics
- Payables Business Processes Overview
Topic 3: Accounting and Subledger Integration- Subledger Accounting Rules
- Period Close Process
- General Ledger Integration
Topic 4: Supplier Management- Supplier Creation and Maintenance
- Supplier Qualification and Controls
- Supplier Sites and Controls
Topic 5: Invoice Management- Invoice Matching (PO and Non-PO)
- Invoice Creation and Validation
- Invoice Adjustments and Approvals
Topic 6: Tax and Reporting- Standard Payables Reports
- Audit and Compliance Reporting
- Tax Configuration in Payables

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