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There is no prerequisite for this exam as it does not require any specific qualification to be able to take it. However, the candidate must be willing to go through the Oracle Payroll Cloud Functional Setup Manager to implement Oracle Payroll Cloud 2020. Standard and advanced skills are required to complete the Functional Setup Manager. Eligibility for the Oracle 1Z0-1050-20 Certification Exam can be obtained by going through the official website of Oracle.
Reference: https://education.oracle.com/oracle-payroll-cloud-2020-implementation-essentials/pexam_1Z0-1050-20
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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.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Employee Level Payroll Information | 10% | - Enter Earnings and Deductions - Payroll Frequency - Person-Level Costing - Bank Account Details - Initialize Balances |
| Topic 2: Earnings and Deduction Definitions | 10% | - Create Earnings and Deduction Elements - Absence Elements - Element Behavior and Rules - Retroactive Changes - Element Eligibility |
| Topic 3: Payroll Concepts | 10% | - Legislative Data Groups - Payroll Statutory Units - Cloud HR and Payroll Person Models - Security Roles and Users |
| Topic 4: Payroll Payment Details | 15% | - Company Payment Setup - Configure Payslip Reports - Third-Party Payments |
| Topic 5: Calculate, Validate and Correct Payroll Processes | 15% | - Payroll Run Execution - Payment Process Validation - Verify and Correct Results - Costing Reconciliation |
| Topic 6: Payroll and Balance Definitions | 15% | - Set Up Balance Definitions - Define Payment Dates - Configure Payroll Definitions |
| Topic 7: Payroll Costing Rules | 10% | - Costing Hierarchy - Cost Allocation Flexfields - Configure Costing Types - Subledger and GL Transfers |
| Topic 8: Payroll Flows | 15% | - Submit and Monitor Flows - Define Flow Parameters - Manage Flow Patterns |
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