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Reference: https://education.oracle.com/oracle-payroll-cloud-2020-implementation-essentials/pexam_1Z0-1050-20
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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.
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Payroll Flows | 15% | - Submit and Monitor Flows - Define Flow Parameters - Manage Flow Patterns |
| Topic 2: Employee Level Payroll Information | 10% | - Enter Earnings and Deductions - Initialize Balances - Person-Level Costing - Bank Account Details - Payroll Frequency |
| Topic 3: Payroll Costing Rules | 10% | - Cost Allocation Flexfields - Subledger and GL Transfers - Configure Costing Types - Costing Hierarchy |
| Topic 4: Payroll Payment Details | 15% | - Company Payment Setup - Third-Party Payments - Configure Payslip Reports |
| Topic 5: Payroll Concepts | 10% | - Legislative Data Groups - Security Roles and Users - Payroll Statutory Units - Cloud HR and Payroll Person Models |
| Topic 6: Earnings and Deduction Definitions | 10% | - Absence Elements - Create Earnings and Deduction Elements - Element Eligibility - Element Behavior and Rules - Retroactive Changes |
| Topic 7: Payroll and Balance Definitions | 15% | - Set Up Balance Definitions - Define Payment Dates - Configure Payroll Definitions |
| Topic 8: Calculate, Validate and Correct Payroll Processes | 15% | - Verify and Correct Results - Payroll Run Execution - Payment Process Validation - Costing Reconciliation |
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