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The Oracle 1Z1-1005 exam has been designed for individuals who wish to begin their career in the accounting and finance field and for those who want to stand out in their finance positions in their organization. This course is ideal for consultants and other professionals who work with clients needing expertise in the Oracle Financials space. Oracle Financials Cloud: Payables 2018 Implementation Essentials certification serves any enterprise that seeks a growing market share, steady inventory management, and AP cycle efficiency.
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Oracle 1Z1-1005 certification exam is intended for professionals who have experience in implementing the Payables module in Oracle Financials Cloud. 1Z1-1005 exam covers a wide range of topics, including configuring payables options, managing suppliers, processing invoices and payments, and managing accounting entries and reconciliations.
Oracle 1Z1-1005 certification exam is a valuable course for professionals who are interested in establishing themselves in the accounting and finance domain of Oracle. For those who are looking to acquire knowledge and competence about the Financial Cloud, 1Z1-1005 exam validates expertise necessary for the implementation process of Oracle Financial Cloud's payable module, enhancing the credibility of the certified professional.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Payables Setup and Configuration | 20% | - Supplier Configuration - Functional Setup Manager - General Payables Options - Business Units and Legal Entities |
| Topic 2: Invoicing | 22% | - Invoice Matching and Corrections - Invoice Approval and Validation - Integrated Imaging Solution - Invoice Creation and Types |
| Topic 3: Payments | 20% | - Payment Formats and Disbursement - Payment Holds and Releases - Payment Process Requests - Bank Setup and Reconciliation |
| Topic 4: Expenses | 15% | - Expense Report Setup - Corporate Card Management - Expense Audit and Approval - Expense Reimbursement |
| Topic 5: Tax and Accounting | 13% | - Period Close Process - Payables Accounting Entries - Payables to Ledger Reconciliation - Withholding and Income Tax |
| Topic 6: Reporting and Analytics | 10% | - OTBI and BIP Reports - Custom Reporting Tools - Standard Payables Reports |
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