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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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Oracle 1Z0-1055-21 certification exam covers a wide range of topics, including configuring payables options, suppliers, invoices, payments, and reporting. Candidates are expected to have a strong understanding of the product's functionality as well as the ability to customize it to meet their organization's unique requirements. 1Z0-1055-21 exam consists of 70 multiple-choice questions and must be completed within 105 minutes.
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Oracle 1Z0-1055-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Invoices and Subledger Accounting | 25% | - Manage Subledger Accounting - Manage Withholding and Transaction Taxes - Invoice Approvals - Create and Account for Invoices |
| Topic 2: Expense Management | 20% | - Audit Expense Reports - Manage Expense Approval - Manage Corporate Cards - Enter Expense Reports - Process Expense Reimbursements |
| Topic 3: Payables Configuration and Setup | 20% | - Configure Payables and Payments - Manage Business Units - Manage Suppliers - Integrated Imaging Solution |
| Topic 4: Payments and Bank Reconciliation | 20% | - Manage Payment Approvals - Bank Reconciliations - Create and Process Payments |
| Topic 5: Reporting and Period Close | 15% | - Payables to Ledger Reconciliation - Period Close Process - OTBI and BIP Reports |
