Oracle 1Z0-1055-24 Exam Questions

Comprehensive and Detailed In-Depth

In Oracle Financials Cloud, even when an installment meets the selection criteria of a Payment Process Request (PPR), certain conditions can prevent it from being selected for payment processing. Understanding these conditions is crucial for troubleshooting and ensuring a smooth payment workflow.

Analysis of Each Option:

A . The pay-through date is in a future period.

The pay-through date in a PPR determines the latest due date of invoices to be included for payment. Setting this date in the future is a common practice to include all invoices due up to that date. Therefore, having a pay-through date in a future period would not prevent installments from being selected; instead, it broadens the selection criteria. This is not a reason for an installment not being selected.

B . The pay-through date is in a closed Payables period.

The pay-through date affects which invoices are selected based on their due dates, but it does not directly relate to the status of accounting periods. While processing payments in a closed period is not allowed, the pay-through date itself being in a closed period does not prevent installment selection. Therefore, this is not a valid reason for an installment not being selected.

C . The invoice needs re-validation.

Invoices that have undergone changes affecting their payment attributes may require re-validation. If an invoice is in a status indicating it needs re-validation, it will not be selected for payment processing until the validation process is successfully completed. This ensures that all invoice data is accurate and meets the necessary criteria for payment. According to Oracle documentation, an installment might not get selected if 'The invoice must be revalidated.'

docs.oracle.com

D . The invoice requires approval.

Invoices often need to go through an approval workflow to ensure their legitimacy and accuracy. If an invoice has not received the necessary approvals, it remains in a pending status and is excluded from payment processing. Ensuring that all invoices are approved is essential for them to be selected in a PPR. The Oracle documentation states that an installment might not get selected if 'The invoice requires approval.'

docs.oracle.com

E . The invoice has not been accounted.

While accounting is a critical aspect of financial management, the accounting status of an invoice does not typically prevent it from being selected for payment. Invoices can be selected and paid even if they have not yet been accounted, with accounting entries being created subsequently. Therefore, the lack of accounting is not a reason for an installment not being selected in a PPR.

Conclusion:

The two primary reasons an installment, despite meeting selection criteria, might not be selected for payment processing are:

C . The invoice needs re-validation.

D . The invoice requires approval.

Ensuring that all invoices are validated and approved is essential for their inclusion in payment processing.

Oracle Financials Cloud Documentation -- Why didn't an installment get selected for payment? https://docs.oracle.com/en/cloud/saas/financials/24d/fappp/why-didn-t-an-installment-get-selected-for-payment.html

Oracle Financials Cloud Documentation -- Why didn't an installment get selected for payment? https://docs.oracle.com/en/cloud/saas/financials/24d/fappp/why-didn-t-an-installment-get-selected-for-payment.html

Comprehensive and Detailed In-Depth

In Oracle Fusion Applications, access to specific tasks and functionalities is governed by the roles assigned to a user. The 'Create Supplier' task within the Supplier work area is a critical function that allows authorized users to add new suppliers to the system. To access this task, a user must possess the appropriate roles that grant the necessary permissions.

A . The analyst was not given the Procurement Administrator role.

The Procurement Administrator role encompasses a broad range of procurement-related activities, including configuration and oversight functions. However, the ability to create suppliers is not inherently included within this role's permissions. Therefore, assigning the Procurement Administrator role alone would not grant access to the 'Create Supplier' task.

B . The analyst was not given the Supplier Manager role.

The Supplier Manager role is specifically designed to manage supplier-related activities, including the creation and maintenance of supplier records. Assigning this role to a user provides them with the necessary permissions to access the 'Create Supplier' task within the Supplier work area. In the scenario described, the absence of the Supplier Manager role is the reason the Payables Analyst cannot see the 'Create Supplier' task. This is corroborated by Oracle's documentation, which states that users require the Supplier Manager role to create suppliers.

support.oracle.com

C . The analyst was not given the Supplier Administrator role.

While the Supplier Administrator role grants access to certain supplier-related functions, it does not include the permissions necessary to create new suppliers. Users with only the Supplier Administrator role may have visibility into supplier information but lack the capability to add new supplier records. Therefore, the absence of this role is not the cause of the issue.

D . The analyst was not given the Procurement Requester role.

The Procurement Requester role is intended for users who initiate purchase requisitions and related procurement activities. This role does not encompass supplier creation capabilities. Assigning the Procurement Requester role would not grant access to the 'Create Supplier' task, and its absence is not related to the issue at hand.

In summary, to enable the Payables Analyst to access the 'Create Supplier' task, the Supplier Manager role must be assigned to their user account. This role provides the necessary permissions to create and manage supplier records within the Oracle Fusion Applications.

Comprehensive and Detailed In-Depth Explanation:

Oracle Adaptive Intelligence (AI) for Payables integrates with Oracle Payables Cloud to enhance automation and streamline invoice processing. To enable AI functionalities, certain roles must be assigned to users to allow them to access and configure AI-based reporting and automation tools.

AIAPPS_Author (Option A):

AIAPPS_Data_Model_Developer (Option D):

Options B, C, and E Analysis:

BI_Integration (Option B):

While BI Integration supports data extraction and reporting in BI Publisher, it is not specifically required for AI-based automation in Payables.

Verdict: Not required for AIAPPS_BIP_ROLE.

BI_Author (Option C):

This role provides general BI report development access but does not grant access to AI-based configurations or data models.

Verdict: Not required for AIAPPS_BIP_ROLE.

BIP_DataModelDeveloper (Option E):

This role is related to BI Publisher Data Model Development but does not include AI model configuration.

Verdict: Not required for AIAPPS_BIP_ROLE.

Thus, the correct answers are A. AIAPPS_Author and D. AIAPPS_Data_Model_Developer.

Comprehensive and Detailed In-Depth Explanation: In Oracle Financials Cloud, when a Payables user creates a manual invoice, the Withholding Tax Classification Code can default onto the invoice line from various sources depending on the system configurations. The correct source for defaulting this code is from the Site Assignments of the Supplier Site.

Explanation of Each Option: