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Oracle 1Z0-1050-20 Certification Exam - Quick Overview:

1Z0-1050-20 Certification Exam, also known as Oracle Payroll Cloud 2020 Implementation Essentials exam, is an IT certification designed for those individuals who are responsible for setting up Oracle Payroll Cloud. Individuals who earn Oracle 1Z0-1050-20 certification are expected to have a thorough knowledge of Oracle Payroll Cloud, understand how to identify and address potential issues, be capable of entering information and perform common payroll tasks. 1Z0-1050-20 exam dumps will help you pass the exam and achieve success in your 1Z0-1050-20 exam.

This certification is one of the few available in the industry to demonstrate a comprehensive understanding of Oracle Payroll Cloud Functional Setup Manager. The Oracle 1Z0-1050-20 exam tests the skills required to deploy Oracle Payroll Cloud in the enterprise environment. It evaluates the candidate's ability to perform installation tasks, database creation, and data conversion. Definition of terms, functions, and components used in Oracle Payroll Cloud is also evaluated in this exam.

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

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Oracle 1z0-1050-20 Exam Syllabus Topics:

SectionWeightObjectives
Payroll Setup18%- Payroll Definitions
  • 1. Payroll Calendars
  • 2. Consolidation Groups
  • 3. Payroll Relationships
- Enterprise and Legislative Configuration
  • 1. Legislative Data Groups
  • 2. Payroll Statutory Units
  • 3. Legal Employers
Payroll Calculation24%- Fast Formulas
  • 1. Calculation Rules
  • 2. Validation Logic
  • 3. Formula Types
- Payroll Processing
  • 1. Payroll Runs
  • 2. Payroll Flow Patterns
  • 3. Retroactive Processing
Balance Management and Reporting18%- Reporting and Analysis
  • 1. OTBI Payroll Analytics
  • 2. Statement of Earnings
  • 3. Payroll Reports
- Balances
  • 1. Balance Adjustments
  • 2. Balance Initialization
  • 3. Balance Dimensions
Elements and Eligibility22%- Element Configuration
  • 1. Input Values
  • 2. Element Classifications
  • 3. Element Definitions
- Eligibility Processing
  • 1. Indirect Results
  • 2. Entry Rules
  • 3. Element Eligibility
Payments and Costing18%- Payroll Costing
  • 1. Costing Results
  • 2. Transfer to General Ledger
  • 3. Cost Allocation
- Payment Processing
  • 1. Prepayments
  • 2. Payment Methods
  • 3. Check and EFT Processing

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