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Earning the Oracle 1Z0-1050-21 certification demonstrates that the candidate has the knowledge and skills required to configure and implement Oracle Payroll Cloud solutions. Oracle Payroll Cloud 2021 Implementation Essentials certification is beneficial for professionals who are seeking to advance their careers in payroll administration and management, as well as for organizations that want to ensure their payroll processes are managed efficiently and compliantly. Additionally, earning this certification can lead to higher salaries and better job opportunities.

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Prerequisites for the Oracle 1Z0-1050-21 Exam?

The following are the prerequisites for taking the exam:

  • You must be familiar with Oracle database concepts, such as tablespaces, SYS schema and user privileges.

  • You should also be familiar with SQL syntax and different types of SQL statements available in Oracle database such as SELECT, INSERT, UPDATE and DELETE statements; CREATE ASSEMBLY and CREATE PROCEDURE statement; ALTER TABLE statement; CREATE SEQUENCE statement etc.

  • You must have a valid and working Oracle 12c database installed on your computer.

  • You must have knowledge on how to create new tables, views, procedures and triggers in Oracle database.

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To prepare for the Oracle 1Z0-1050-21 exam, candidates should have a strong understanding of payroll management concepts and principles, as well as experience with Oracle Payroll Cloud solutions. They should also have experience with related technologies, such as Oracle Human Capital Management Cloud and Oracle ERP Cloud. Additionally, candidates should have experience with implementing and configuring payroll solutions for organizations of varying sizes and industries.

Oracle 1Z0-1050-21 Exam Syllabus Topics:

SectionWeightObjectives
Payroll Costing15%- Cost allocation key flexfield
- Define costing rules
- Offset accounts and cost distribution
Balances and Balance Dimensions15%- Create and maintain balances
- Balance initialization
- Balance feeds and dimensions
Payroll Payments & Reporting15%- Payroll reports and extracts
- Payment methods and prepayments
- Compliance and regulatory reporting
Payroll Concepts15%- Functional Setup Manager usage
- Global Payroll overview
- Payroll definitions and components
Payroll Processing & Flows20%- Calculate, validate and correct payroll
- Retroactive pay and adjustments
- Payroll cycles and flows
Elements and Earnings/Deductions20%- Define earnings and deductions
- Input values and formulas
- Element eligibility and processing rules

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