1Z0-1050-20 | Oracle Payroll Cloud 2020 Implementation Essentials
An Oracle Payroll Cloud 2020 Certified Implementation Specialist (1Z0-1050-20) demonstrates the knowledge required to set up Oracle Payroll Cloud using Workforce Deployment tasks offered in the functional setup manager. Individuals who earn 1Z0-1050-20 | Oracle Payroll Cloud 2020 Implementation Essentials certification is able to identify the key concepts of Oracle Payroll Cloud that determine a successful implementation, test your setup by entering data and performing common payroll processes, use Oracle Payroll Cloud Functional Setup Manager (FSM) to implement payroll and much more.
Learning Objectives
The 1Z0-1050-20 | Oracle Payroll Cloud 2020 Implementation Essentials exam is divided into the following domains:
- Payroll Concepts
- Earnings and Deduction Definitions
- Payroll Costing Rules
- Payroll Flows
- Payroll and Balance Definitions
- Payroll Payment Details
- Employee Level Payroll Information
- Calculate, Validate and Correct Payroll Processes
Oracle 1Z0-1050-20 Exam Details
The Oracle Payroll Cloud 2020 Implementation Essentials is a certification offered by Oracle which has an exam code i.e. 1Z0-1050-20. The exam contains 55 multiple-choice questions, and the candidate will be provided 85 minutes to complete the exam. The passing score for the 1Z0-1050-20 exam is 64%. Also, the examination cost is ₹11,350 More on exam pricing. This exam has been validated against 20B.
How to register for Oracle 1Z0-1050-20 Exam?
- Go to http://www.pearsonvue.com/oracle.
- Click Sign In under Oracle on the top right.
- Use your Pearson VUE username and password to log in.
- Click the Proctored Exam.
- Type the name of the exam you have chosen and click Go.
- Select how you want to take the exam and follow the prompts.
- Based on the Cloud Recertification policy, your certification is valid for 18 months from the date certified. Read the full policy.
Oracle 1Z0-1050-20 | Course Outline
The 1Z0-1050-20 | Oracle Payroll Cloud 2020 Implementation Essentials are divided into the following fields. You should go through the full course outline to successfully pass the exam.
Payroll Concepts
- Describe cloud Human Resources and the cloud payroll person models
- Describe legislative data groups
- Describe payroll statutory units
- Create payroll users and roles
Earnings and Deduction Definitions
- Create an earnings or deduction element
- Explain the behavior of an element
- Create element entry business rules
- Configure an absence element
- Add eligibility rules for an element
- Create rules for retroactive changes
Payroll Costing Rules
- Describe the levels of a costing hierarchy
- Set up a payroll cost allocation flex field
- Configure various types of costing
- Perform a transfer to subledger accounting and a posting to GL
Payroll Flows
- Copy a flow pattern
- Edit a flow pattern
- Define parameters for tasks within a flow pattern
- Submit a payroll flow
Payroll and Balance Definitions
- Configure a payroll definition
- Configure a balance definition
- Edit payment dates
Payroll Payment Details
- Add company payment details
- Explain how to configure a payslip report
- Add third-party payment details
Employee Level Payroll Information
- Add a standard earnings entry earning or deduction to an employee
- Add bank account details for an employee
- Enter payroll frequency details for an employee
- Manage absences for an employee
- Explain how to initialize payroll balances
- Manage costing for a person
Calculate, Validate and Correct Payroll Processes
- Describe the Payroll Checklist
- Verify the results of a payroll run
- Correct the payroll run details for an employee
- Submit and verify the results of the payment process
- Confirm the status of the payroll flow
- Verify the results of the costing process
- Describe how to reconcile the payroll
Exam Policies
Like any other vendor, Oracle has its own terms and policies. The terms and conditions of Oracle certifications include the information regarding definition, applicability, Ordering/Registration Options, Learning Credits, Confirmation Process, Fees, Taxes and Invoices, Ownership and Restrictions etc.
For more details visit: 1Z0-1050-20 FAQ
Oracle 1Z0-1050-20 Preparatory Guide
The preparation steps which are essential in order to successfully pass the 1Z0-1050-20 | Oracle Payroll Cloud 2020 Implementation Essentials exam are:
Oracle Official Website
Attending the Oracle official website is an imperative step while preparing for the exam like 1Z0-1050-20 | Oracle Payroll Cloud 2020 Implementation Essentials. The official site offers a lot of good information and Oracle approved resources which are very helpful in preparing for the exam. The resources such as study guide, sample papers, whitepapers, documentation, faqs, etc. The candidate can find all such important things on the official page.
Download the Study Guide
The study guide is the next step in the preparation guide for the 1Z0-1050-20 | Oracle Payroll Cloud 2020 Implementation Essentials exam. You will find the study guide for the 1Z0-1050-20 exam at the official website of the Oracle. As mentioned earlier, the Exam Outline is the most important part of any certification exam. You can easily locate the exam outline in the study guide as well. Also, make sure to view if there are any important notices, you must be updated on any new changes.
Oracle Training Program
The Oracle offers training programs for each of its certifications and exams. So, training is essential to answer questions timely and accurately. Oracle offers a training program for your preparations. You can take courses online or in-person, training on-demand, classroom training depending on your schedule and learning preference. Oracle University offers live, digital courses that you can attend online, in real-time, as well as digital courses that are available on demand.
Oracle Learning Subscription
Oracle also provides a learning subscription in which they offer all the relevant and reliable information regarding the certification and exam. Through this self-paced, online training solution, the 1Z0-1050-20 | Oracle Payroll Cloud 2020 Implementation Essentials subscription offers the complete, up-to-date 1Z0-1050-20 | Oracle Payroll Cloud 2020 Implementation Essentials training you need.
Books and Guides
The next step in the preparatory guide should be books and study guides. The candidate needs to find those books which are enriched with information. Finding a good book may be a difficult task, but in order to gather knowledge and skills, the candidate has to find, read, and understand.
Join a Study Group
Joining a group study will also be beneficial for the candidate. It will encourage them to do more hard work. Also, studying in the group will help them to stay connected with the other people who are on the same pathway as them. Also, the discussion of such study groups will benefit the students in their exams. So practice, discuss, and successfully become an oracle Payroll Cloud 2020 Certified Implementation Specialist.
Practice Test with Testprep Training
Practice tests are the one which ensures the candidate about their preparation. The practice test will help the candidates to acknowledge their weak areas so that they can work on them. There are many practice tests available on the internet nowadays, so the candidate can choose which they want. Testprep training also offers practice test.