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Oracle Financials Cloud: Payables 2018 Implementation Essentials certification exam is an excellent way to enhance one's knowledge and skills in the field of financials cloud solutions. Oracle Financials Cloud: Payables 2018 Implementation Essentials certification is not only beneficial for professionals, but it also helps organizations in improving their operational excellence. By getting certified, individuals are also improving their career prospects and getting easy access to high-paying job positions.
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Oracle 1Z1-1005 exam is targeted towards professionals who want to validate their skills and knowledge in the implementation of Oracle Financials Cloud Payables. 1Z0-1005 exam is an industry-recognized certification that can help professionals advance their careers in the finance and accounting field.
Reference: https://education.oracle.com/oracle-financials-cloud-payables-2018-implementation-essentials/pexam_1Z0-1005
Certification Path
There is no prerequisite for this Oracle 1Z0-1005 exam.
Oracle 1Z0-1005 Exam Syllabus Topics:
| Section | Objectives |
| Topic 1: Controls and Compliance | - Controls configuration
- 1. Payment security and controls
- 2. Invoice validation rules
|
| Topic 2: Accounting and Reporting | - Payables accounting
- 1. Period close processes
- 2. Subledger accounting integration
- Reporting
- 1. Payables reports and analytics
|
| Topic 3: Payables Setup and Configuration | - Payables options and system configuration
- 1. Business unit setup for Payables
- 2. Invoice and payment configuration options
|
| Topic 4: Supplier Management | - Supplier setup and maintenance
- 1. Supplier registration and approval flows
- 2. Supplier sites and payment terms
|
| Topic 5: Payments | - Bank and reconciliation
- 1. Bank account setup
- 2. Payment reconciliation processes
- Payment processing
- 1. Payment methods and formats
- 2. Payment runs and scheduling
|
| Topic 6: Invoice Management | - Invoice accounting and approvals
- 1. Invoice holds and adjustments
- 2. Approval workflows
- Invoice creation and processing
- 1. Invoice matching (PO and non-PO invoices)
- 2. Invoice entry and validation
|