About Exam

• Procure to Pay Lifecycle Overview
• Payables Overview
• Suppliers
• Invoices
• Quick Invoices
• Payments
• Expense Reports and Credit Cards
• Period Close
• Appendix 1 Invoice Tax
• Appendix 2 Withholding Tax

Exam Objectives

• Describe the key areas in the procure to pay process
• Describe how the procure to pay process fits into the Oracle eBusiness suite of applications

• Describe the key areas in the Payables process
• Identify Payables integration points
• Explain Payables open interfaces

• Set up and Define suppliers
• Set up and Define supplier sites
• Adjust supplier details
• Describe key reports
• Explain and setup Financials Options
• Explain and setup Payable Options
• Setup Lookup codes and Profile options
• Explain additional implementation considerations

• Import/Enter invoices
• Create Invoice Batches and enter Invoice Header and Distributions and enter Recurring Invoices
• Apply prepayments and advances
• Match to purchase orders
• Apply and release holds
• Explain invoice approval workflow
• Validate invoices for payment
• Describe the types of accounting flows
• Explain key reports
• Identify and set up Profile Options, and Financials, Purchasing and Payables options specific to Invoices
• Explain additional implementation considerations

• Describe and use Quick Invoices
• Enter invoice records
• Enter purchase order matched invoice records
• Enter price corrections
• Find and modify invoice records
• Add invoice records to an existing Quick Invoices Batch
• Create invoices from quick invoice records

• Describe the process of issuing payments
• Describe the Payment workbench, and identify the Payment methods and disbursement types
• Set up bank accounts
• Create and Process Manual and Quick Payments and process refunds
• Process payment batches
• Process stop and void payments
• Identify key reports
• Identify and set up Financials and Payables options specific to Payments
• Explain additional implementation considerations
• Explain Internal Controls for Payment processing and Integration Partners for check printing

• Describe the expense report process
• Enter expense report templates
• Enter expense reports and apply holds
• Apply advances, modify, review and Pay expense reports
• Run Expense Report Import program and purge Expense Reports
• Identify key expense related reports
• Describe Procurement Cards Process flow
• Set up credit card programs
  

• Describe the period closing process in Payables and Purchasing
• Identify the activities in the period close process
• Reconcile accounts payable transactions for the period and close the PO period
• Identify Key accounts and accrual accounting for Period end
• Identify key reports
• Setup Financials, Purchasing and Payables options relevant to Period close
• Explain additional implementation considerations

• Set up supplier tax information
• Describe supplier and supplier sites regions relevant to Taxes
• Identify tax validations
• Enter tax types tax codes, and tax groups including Offset, VAT and use taxes
• Submit invoice validations
• Use tax control methods
• Identify tax co