Overview
The Oracle Financials Cloud: Payables 2024 Implementation Professional course prepares participants for the 1Z0-1055-24 certification exam. This course equips Accounts Payable Administrators and Process Owners with the knowledge and skills to configure and manage Oracle Payables solutions. It covers essential topics like setting up payables, managing invoicing and payments, handling tax and expense processing, and performing financial reporting and period close procedures.
Objectives
By the end of this course, leaner will be able to:
- Configure Oracle Financials Cloud Payables to align with business requirements.
- Manage payables invoicing, expense entries, and payments efficiently.
- Configure and process tax for payables and payments.
- Run reporting tools and generate payables reports for compliance and insights.
- Manage period close procedures for Oracle Payables.
Prerequisites
- Basic knowledge of financial accounting principles.
- Experience with accounts payable or financial processing.
- Familiarity with enterprise software solutions.
- Understanding of tax processing in a financial context.
- Basic knowledge of Oracle Cloud Financials functionality.
Course Outline
- Overview of Oracle Financials Cloud architecture.
- Understanding payables and payment functionalities.
- Setting up and customizing payables settings.
- Configuring payment processing and methods.
- Creating and processing invoices.
- Handling expense entries and approvals.
- Configuring tax options for payables.
- Processing tax entries and compliance considerations.
- Utilizing reporting tools for payables insights.
- Managing and executing period close activities.