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Oracle 1Z1-1005 (Oracle Financials Cloud: Payables 2018 Implementation Essentials) Certification Exam is designed to test an individual's understanding of the Oracle Financials Cloud Payables. 1Z1-1005 exam is intended for individuals who have a solid understanding of the implementation of payables, including the setup, configuration, and management of the payables module.

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The 1Z1-1005 exam is intended for professionals who have experience in implementing payables solutions and are looking to become certified in Oracle Financials Cloud: Payables 2018 Implementation Essentials. 1Z1-1005 exam is an essential requirement for professionals who are looking to advance their careers in the field of finance and accounting. By passing the exam, candidates will have demonstrated their expertise in Oracle Financials Cloud Payables and will be recognized as experts in the field.

Oracle Financials Cloud: Payables 2018 Implementation Essentials certification is a highly sought-after credential for professionals who are looking to work with accounts payable in the Oracle Financials Cloud environment. Oracle Financials Cloud: Payables 2018 Implementation Essentials certification is designed for individuals who possess a strong understanding of accounts payable concepts and are proficient in implementing and using Oracle Financials Cloud software.

Reference: https://education.oracle.com/oracle-financials-cloud-payables-2018-implementation-essentials/pexam_1Z0-1005

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Oracle 1Z1-1005 Exam Syllabus Topics:

SectionObjectives
Controls and Compliance- Controls configuration
  • 1. Invoice validation rules
    • 2. Payment security and controls
      Payables Setup and Configuration- Payables options and system configuration
      • 1. Business unit setup for Payables
        • 2. Invoice and payment configuration options
          Supplier Management- Supplier setup and maintenance
          • 1. Supplier registration and approval flows
            • 2. Supplier sites and payment terms
              Accounting and Reporting- Reporting
              • 1. Payables reports and analytics
                - Payables accounting
                • 1. Subledger accounting integration
                  • 2. Period close processes
                    Invoice Management- Invoice creation and processing
                    • 1. Invoice entry and validation
                      • 2. Invoice matching (PO and non-PO invoices)
                        - Invoice accounting and approvals
                        • 1. Invoice holds and adjustments
                          • 2. Approval workflows
                            Payments- Payment processing
                            • 1. Payment methods and formats
                              • 2. Payment runs and scheduling
                                - Bank and reconciliation
                                • 1. Bank account setup
                                  • 2. Payment reconciliation processes

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