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The Oracle Financials Cloud: Payables 2021 Implementation Essentials certification exam covers a range of topics including the implementation of Oracle Financials Cloud Payables, setting up suppliers and supplier portals, managing invoices, payments and approvals, and configuring financial reporting. 1Z0-1055-21 exam also covers topics related to ledger and subledger accounting, tax, and intercompany transactions.

Reference: https://education.oracle.com/oracle-financials-cloud-payables-2021-implementation-essentials/pexam_1Z0-1055-21

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Preparing for the Oracle 1Z0-1055-21 exam requires comprehensive study materials and practice exams. Oracle provides a range of resources, such as courses and study guides, to help candidates prepare for the exam. Additionally, candidates can also take online practice exams to assess their readiness for the exam and identify areas for improvement.

Oracle 1Z0-1055-21 Exam Syllabus Topics:

SectionObjectives
Enterprise Structures and Business Units- Enterprise Structure Configuration
  • 1. Business Units
  • 2. Ledgers and Legal Entities
Suppliers- Supplier Configuration
  • 1. Supplier Sites
  • 2. Supplier Registration
  • 3. Supplier Profile Management
Payments- Payment Management
  • 1. Electronic Payments
  • 2. Payment Documents
  • 3. Payment Methods
  • 4. Payment Process Requests
Invoices- Invoice Processing
  • 1. Invoice Approval Workflow
  • 2. Invoice Validation
  • 3. Invoice Entry
  • 4. Recurring Invoices
Reporting and Analytics- Reporting Tools
  • 1. OTBI Reporting
  • 2. Payables Inquiries and Dashboards
  • 3. BI Publisher Reports
Expense Processing- Expenses and Auditing
  • 1. Expense Audits
  • 2. Corporate Card Integration
  • 3. Expense Reports
Accounting and Period Close- Payables Accounting
  • 1. Accounting Entries
  • 2. Period Close Process
  • 3. Subledger Accounting

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