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This exam is designed to assess knowledge of designing and implementing Oracle Payroll Cloud 2021.
Oracle 1Z0-1050-21 Exam Topics:
Oracle Payroll Cloud 2021 Implementation Essentials, Production and Operations Management
Oracle Payroll Cloud 2021 Implementation Essentials, Planning and Scheduling
Oracle Payroll Cloud 2021 Implementation Essentials, Project Management
Oracle Payroll Cloud 2021 Implementation Essentials, Fundamentals
Oracle Payroll Cloud 2021 Implementation Essentials, Financial Management
Oracle Payroll Cloud 2021 Implementation Essentials, Human Resources Management
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Elements and Earnings/Deductions | 20% | - Input values and formulas - Element eligibility and processing rules - Define earnings and deductions |
| Topic 2: Payroll Processing & Flows | 20% | - Retroactive pay and adjustments - Payroll cycles and flows - Calculate, validate and correct payroll |
| Topic 3: Payroll Costing | 15% | - Define costing rules - Cost allocation key flexfield - Offset accounts and cost distribution |
| Topic 4: Balances and Balance Dimensions | 15% | - Balance feeds and dimensions - Balance initialization - Create and maintain balances |
| Topic 5: Payroll Concepts | 15% | - Functional Setup Manager usage - Payroll definitions and components - Global Payroll overview |
| Topic 6: Payroll Payments & Reporting | 15% | - Payroll reports and extracts - Payment methods and prepayments - Compliance and regulatory reporting |
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