Oracle 1Z1-1005 : Oracle Financials Cloud: Payables 2018 Implementation Essentials

  • Exam Code: 1Z1-1005
  • Exam Name: Oracle Financials Cloud: Payables 2018 Implementation Essentials
  • Updated: Jul 28, 2026   Q&As: 95 Questions and Answers

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Oracle Financials Cloud: Payables 2018 Implementation Essentials 1Z0-1005 Exam

Oracle Financials Cloud: Payables 2018 Implementation Essentials 1Z0-1005 Exam is related to Oracle Cloud Certification. This exam is suitable for Financial Administrators. It validates the ability to create Invoice, manage supplier information, customize Payment formats and manage corporate cards, process income tax and withholding tax calculations and describe the functional setup manager. It is an essential level for Oracle Financial Implementers, Administrators, and Business Users and you can expect the same job role after completion of this certification.

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  • When Candidates applying for a job or looking to promotion in their current position, a Oracle Cloud certification in the field in which Candidates are applying will put you at the top of the list and make them a desirable candidate for employers.
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  • Becoming Oracle Cloud means one thing you are worth more to the company and therefore more to yourself in the form of an upgraded pay package. On average a Oracle Cloud member of staff is estimated to be worth 30% more to a company than their uncertified professionals.
  • Candidates will get in-depth knowledge by completing the courses along with the access to revision materials for 6 months upon completion means they will have a wider skill set when it comes to the various technologies and systems than an uncertified professional. Certified Professional in this particular skill set is 74% more efficient when it comes to completing their tasks in a timely well-executed manner.

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

Who should take the 1Z0-1005 exam

The Oracle 1Z0-1005 Exam is an internationally recognized validation that identifies persons who earn it as possessing skilled in Oracle Cloud Certification. If candidates want significant improvement in career growth needs enhanced knowledge, skills, and talents. The Oracle Cloud certification provides proof of this advanced knowledge and skill. If a candidate has knowledge of associated technologies and skills that are required to pass the Oracle 1Z0-1005 Exam then he should take this exam.

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Oracle 1Z1-1005 Exam Syllabus Topics:

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

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