Oracle Financials Cloud: Payables 2017 Implementation Essentials : 1z1-961

  • Exam Code: 1z1-961
  • Exam Name: Oracle Financials Cloud: Payables 2017 Implementation Essentials
  • Updated: Sep 02, 2026
  • Q & A: 86 Questions and Answers

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  • Organization owners invest a lot in their employees when it comes to their training with the goal of making them quicker, more efficient, and more knowledgeable about their role. Certified Professional will reduce the time he spends on tasks, meaning he can get more done this could help reduce company downtime when repairing faults on a system or fixing hardware problems.
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  • When Candidates applying for a job or looking to promotion in their current position, an Oracle Financials Cloud certification in the field in which Candidates are applying will put you at the top of the list and make them a desirable candidate for employers.
  • After completion of Oracle Financials Cloud Certification candidates receive official confirmation from Oracle that you are now fully certified in their chosen field. This can be now added to their CV, cover letters and job applications.

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-961

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Oracle 1z1-961 Exam Syllabus Topics:

SectionObjectives
Topic 1: Invoice Management- Invoice Adjustments and Approvals
- Invoice Matching (PO and Non-PO)
- Invoice Creation and Validation
Topic 2: Tax and Reporting- Standard Payables Reports
- Tax Configuration in Payables
- Audit and Compliance Reporting
Topic 3: Oracle Financials Cloud Payables Overview- Payables Business Processes Overview
- Payables Setup and Configuration Basics
Topic 4: Accounting and Subledger Integration- Period Close Process
- Subledger Accounting Rules
- General Ledger Integration
Topic 5: Supplier Management- Supplier Creation and Maintenance
- Supplier Qualification and Controls
- Supplier Sites and Controls
Topic 6: Payments Processing- Payment Methods and Formats
- Payment Reconciliation
- Payment Processing and Scheduling

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