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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Overview of Oracle Fusion Payables | 10% | - Payables dashboard and work areas - Payables concepts and architecture |
| Topic 2: Expense Reports Management | 10% | - Audit and process expense reports - Enter and submit expense reports - Expense report approval workflow |
| Topic 3: Accounting, Period Close and Reporting | 15% | - Run Payables reports and analytics - Create accounting entries - Transfer to General Ledger - Manage accounting periods |
| Topic 4: Invoice Processing | 25% | - Invoice matching and holds resolution - iSupplier Portal invoice entry - Enter and validate invoices - Prepayments and credit memos |
| Topic 5: Payments Processing | 20% | - Payment formats and bank integration - Single payments and batch payments - Create and manage payment process requests - Stop and void payments |
| Topic 6: Payables Setup and Configuration | 20% | - Set up supplier and supplier sites - Configure Payables system options - Configure tax and accounting rules - Define payment terms and payment methods |
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The 1z1-507 exam is Oracle's official certification test — pass it and the Oracle Fusion Financials 11g Accounts Payable Certified Implementation Specialist credential is yours, a certification at the Specialist level. It is considered a hot exam because employers consistently treat its certificate as proof of job-ready skill. Within the same track it relates to Oracle Fusion Financials 11g Implementation Specialist, which adds to its appeal.
Each Oracle Fusion Financials 11g Accounts Payable Essentials attempt costs $245 USD, and 60% is the passing mark. Retakes are billed in full again, so preparation is where the money is saved. Drill with Exam4PDF practice questions until your timed mock scores clear 60% comfortably, then book the 1z1-507 exam once.
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Training teaches the theory; the 119 practice questions for the 1z1-507 exam from Exam4PDF prove it under exam conditions.
The Oracle Fusion Financials 11g Accounts Payable Essentials exam gives you 120 minutes for 75 questions. That time budget rewards decisiveness — confident answers, quick flags, no lingering. Rehearse the rhythm in the Exam4PDF test engine with full timed sessions until the real 1z1-507 exam feels like one more practice run.
The Oracle Fusion Financials 11g Accounts Payable Essentials syllabus covers 6 areas, led by Expense Reports Management (10%), Overview of Oracle Fusion Payables (10%), Invoice Processing (25%). Study the heavy domains first; the full outline sits in the section above this page.
No formal prerequisites; hands-on experience with Oracle Fusion Financials is recommended These rules come from Oracle and evolve over time, so verify them on the official exam page: https://education.oracle.com/oracle-fusion-financials-11g-accounts-payable-essentials/pexam_1z0-507 before registering for the Oracle Fusion Financials 11g Accounts Payable Essentials exam.
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Registration runs through Oracle's official channels:
Keep in mind the exam is delivered via Online proctored or in-person at authorized testing centers.
You are assigned a duty role of Supplier Profile Management. Which three tasks tan you perform?
Correct Answer: A,D,E 🗳️
Explanation: Only visible for Exam4PDF members. You can sign-up / login (it's free).
Identify the search method that allows a search across expense items and expense reports using any information captured in the expense item or expense report.
Correct Answer: B 🗳️
Select three reasons that a prepayment will NOT be available for applying to invoices.
Correct Answer: B,C,D 🗳️
Explanation: Only visible for Exam4PDF members. You can sign-up / login (it's free).
Identify three statuses that appear in the Processed Tab in the Expense Report region.
Correct Answer: A,E,F 🗳️
Explanation: Only visible for Exam4PDF members. You can sign-up / login (it's free).
In which two scenarios is the invoice line type Prepayment automatically generated?
Correct Answer: C,D 🗳️
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