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To qualify for the 1Z0-1055-21 Certification Exam, candidates must possess a strong understanding of accounting principles, including accounting policies, chart of accounts, and financial statements. They are also required to have practical experience in using Oracle’s Financials Cloud technology for Payables. 1Z0-1055-21 exam itself consists of 70 multiple-choice questions that must be completed in a duration of 105 minutes.

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.

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Oracle 1Z0-1055-21 Certification Exam is an excellent opportunity for professionals to demonstrate their expertise in Oracle Financials Cloud Payables 2021. Oracle Financials Cloud: Payables 2021 Implementation Essentials certification validates the candidate's knowledge and skills, which are essential for any organization looking to implement and configure Oracle Payables Cloud 2021. With this certification, professionals can increase their job opportunities and earn higher salaries.

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

Oracle 1Z0-1055-21 Exam Syllabus Topics:

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