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Last Updated: Aug 02, 2026
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Oracle 1z1-961 (Oracle Financials Cloud: Payables 2017 Implementation Essentials) exam is designed to test the knowledge and skills of individuals who implement and use the Oracle Financials Cloud: Payables 2017 in their organizations. Oracle Financials Cloud: Payables 2017 is a comprehensive financial management solution that helps organizations streamline and automate their accounts payable processes. 1z1-961 exam is a requirement for Oracle Financials Cloud: Payables 2017 implementation specialists who are seeking to become certified professionals in their field.
To earn the Oracle 1z1-961 certification, candidates must pass the exam with a minimum score of 60%. 1z1-961 exam consists of 70 multiple-choice questions and has a time limit of 105 minutes. Successful candidates will receive a certificate from Oracle that recognizes their skills and expertise in implementing and managing the Payables module of the Oracle Financials Cloud.
Oracle 1z1-961 exam covers a wide range of topics, including managing payables transactions, configuring payables options, managing suppliers, and managing payments. 1z1-961 exam also covers topics such as managing invoices, creating and managing payables reports, and managing approvals. 1z1-961 exam is designed to test your knowledge and understanding of these topics, and to ensure that you have the necessary skills to implement and manage Oracle Financials Cloud: Payables solutions.
Oracle Financials Cloud: Payables 2017 Certified Implementation Specialist certification is a valuable credential for professionals who are involved in implementing and maintaining Oracle Financials Cloud: Payables 2017 solutions. Oracle Financials Cloud: Payables 2017 Implementation Essentials certification demonstrates that the candidate has the knowledge and skills required to configure, implement, and use various features of Oracle Financials Cloud: Payables 2017. Oracle Financials Cloud: Payables 2017 Implementation Essentials certification can help professionals enhance their career prospects and increase their earning potential.
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| Section | Weight | Objectives |
|---|---|---|
| Payments & Bank Reconciliation | 20% | - Customize payment formats - Void payments and payment security - Execute Payment Process Request - Set up payments for disbursement - Explain bank reconciliations |
| Reporting & Reconciliation | 12% | - Run Payables to Ledger Reconciliation Report - Use Oracle Transactional Business Intelligence (OTBI) - Use Business Intelligence Publisher (BIP) reports |
| Invoicing & Supplier Management | 25% | - Create and process invoices - Approve invoices - Explain Integrated Imaging Solution - Manage supplier information |
| Tax, Accounting & Period Close | 8% | - Demonstrate Payables accounting concepts - Execute 1099 reporting - Explain period close process - Process income tax and withholding tax |
| Expenses Management | 15% | - Process and approve expense reports - Manage corporate cards - Set up expense reporting - Audit expense reports |
| Functional Setup Manager & System Configuration | 20% | - Configure Business Units - Configure Payables common setups - Describe Functional Setup Manager |
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