Oracle Financials Cloud: Payables 2020 Implementation Essentials - 1z0-1055-20

Oracle 1z0-1055-20 test insides dumps
  • Exam Code: 1z0-1055-20
  • Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials
  • Updated: Oct 04, 2026
  • Q & A: 114 Questions and Answers
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There are no prerequisites for taking the Oracle 1Z0-1055-20 Certification Exam. The only prerequisite is that you should have gained some working experience in the implementation of the Payables module.

Reference: https://education.oracle.com/oracle-financials-cloud-payables-2020-implementation-essentials/pexam_1Z0-1055-20

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In fact, there are two ways to prepare for the exam:

  • One way is to study all the material provided in the study guide. You can also prep for the exam by reading the official website of the certification. This will help you gain an overall understanding of the topics covered in the certification.

  • The other way is to practice for the exam by solving sample questions like 1Z0-1055-20 exam dumps. This will help you gain experience and also make sure that you are not missing anything out. You can also look at the books, magazines, video tutorials related to finance, payments, and payable.

You should also use your time efficiently while preparing for the exam. You should not spend a lot of time on one topic. It is important to understand the overall structure of the exam. This will help you understand the type of questions that are asked in the exam and how they should be answered. You can also consider sources like blogs, forums, notes by experts, and videos to understand the concepts better.

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Oracle 1z0-1055-20 Exam Syllabus Topics:
SectionObjectives
Topic 1: Setup and Configuration- Payables configuration options
- Supplier setup and master data
- Invoice and distribution configuration
- Enterprise and financial structure setup
Topic 2: Payments and Disbursements- Disbursement bank account setup
- Payment method and process profile configuration
- Payment process requests
Topic 3: Invoice Lifecycle and Processing- Invoice approval rule setup
- Invoice holds and invoice tolerances
- Invoice entry and validation
- Expense report integration
Topic 4: Tax and Withholding- Offset tax and exempt configurations
- Tax setup for suppliers
Topic 5: Accounting and Reporting- Reconciliation and period close
- Accounting entry creation and subledger accounting

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