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Who should take the Oracle 1Z0-1050-20 Certification Exam?

Undeniably, those who are responsible for setting up Oracle Payroll Cloud 2020 and are eager to demonstrate their knowledge of Oracle Payroll Cloud are required to take this certification exam. Individuals who are in a leadership role such as the Chief Financial Officer, Payroll Manager, and Human Resource Manager are required to pass this certification exam as it provides them with the ability to identify and address potential issues that may arise during the implementation of Oracle Payroll Cloud. These individuals are able to determine the areas where they need to focus their attention to ensure that the implementation of Oracle Payroll Cloud is successful. 1Z0-1050-20 exam dumps will be a great help to them in achieving their goal. The Subledger and Ledger users are also required to take this certification exam as it helps to provide them with the ability to access information that is stored in the Oracle database.

Reference: https://education.oracle.com/oracle-payroll-cloud-2020-implementation-essentials/pexam_1Z0-1050-20

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Why do I need to take Oracle 1Z0-1050-20 Certification Exam?

Nowadays, many organizations are facing challenges in their payroll operation as there are some limitations in implementing the current payroll operation. These limitations are due to the lack of skills, experience, and know-how of the payroll teams that are required to implement this procedure. 1Z0-1050-20 exam dumps will give you a competitive edge over your competitors and make you an expert on Oracle Payroll Cloud. The implementation of Oracle Payroll Cloud provides organizations with the ability to automate the entire payroll operation effectively. By using Oracle Payroll Cloud Functional Setup Manager, an organization can be able to automate the entire procedure from payroll generation to payroll sending.

This certification exam allows individuals to understand the latest technology and gain the skills to implement Oracle Payroll Cloud 2020 in an easy and simple way. It is designed to allow the candidate to demonstrate the knowledge required to set up Oracle Payroll Cloud using Workforce Deployment tasks offered in the functional setup manager. Element entry business tasks, data conversion, synchronization, and other similar tasks will be covered in this exam. The frequency of questions will be discussed in the next sections of this article. Allocation of exam time will be addressed in the section below.

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Oracle 1z0-1050-20 Exam Syllabus Topics:

SectionWeightObjectives
Payroll Concepts10%- Security Roles and Users
- Legislative Data Groups
- Cloud HR and Payroll Person Models
- Payroll Statutory Units
Payroll and Balance Definitions15%- Configure Payroll Definitions
- Define Payment Dates
- Set Up Balance Definitions
Payroll Payment Details15%- Company Payment Setup
- Third-Party Payments
- Configure Payslip Reports
Earnings and Deduction Definitions10%- Absence Elements
- Element Eligibility
- Element Behavior and Rules
- Create Earnings and Deduction Elements
- Retroactive Changes
Payroll Costing Rules10%- Subledger and GL Transfers
- Costing Hierarchy
- Cost Allocation Flexfields
- Configure Costing Types
Calculate, Validate and Correct Payroll Processes15%- Verify and Correct Results
- Costing Reconciliation
- Payroll Run Execution
- Payment Process Validation
Employee Level Payroll Information10%- Initialize Balances
- Bank Account Details
- Person-Level Costing
- Enter Earnings and Deductions
- Payroll Frequency
Payroll Flows15%- Submit and Monitor Flows
- Manage Flow Patterns
- Define Flow Parameters

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