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  • Exam Code: 1z0-1055-20
  • Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials
  • , Last Updated: Jul 29, 2026
  • Q & A: 114 Questions and Answers
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  • Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials
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Oracle 1z0-1055-20 is an associate-level exam that covers vital concepts related to Oracle Financials Cloud Payables 2020 implementation. 1z0-1055-20 exam tests your knowledge and practical skills about invoice and payment processing, accounting, expense reporting, integrations, and the overall implementation process. Oracle Financials Cloud: Payables 2020 Implementation Essentials certification not only enhances your understanding of financials processes but also ensures your ability to leverage technology to optimize the efficiency of your organization's Payables process.

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Oracle 1z0-1055-20 Certification Exam is designed to validate the skills and knowledge of professionals who are responsible for implementing and managing the Oracle Financials Cloud: Payables application. 1z0-1055-20 exam is a crucial step towards becoming an Oracle Certified Implementation Specialist in the Payables module. 1z0-1055-20 exam covers topics related to payables configuration, invoice processing, payments, and accounting. Candidates are expected to have a thorough understanding of these concepts and be able to apply them in real-world scenarios.

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

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To prepare for the Oracle 1z0-1055-20 exam, professionals can take advantage of a variety of resources, including online training courses, practice exams, and study guides. They can also gain hands-on experience with Oracle Financials Cloud Payables by working on real-world projects or taking part in training programs offered by Oracle or its partners. With the right preparation, professionals can pass the Oracle 1z0-1055-20 exam and take their finance career to the next level.

Oracle 1z0-1055-20 Exam Syllabus Topics:

SectionObjectives
Payments and Disbursements- Payment process requests
- Payment method and process profile configuration
- Disbursement bank account setup
Accounting and Reporting- Reconciliation and period close
- Accounting entry creation and subledger accounting
Setup and Configuration- Supplier setup and master data
- Enterprise and financial structure setup
- Payables configuration options
- Invoice and distribution configuration
Tax and Withholding- Offset tax and exempt configurations
- Tax setup for suppliers
Invoice Lifecycle and Processing- Invoice approval rule setup
- Invoice entry and validation
- Expense report integration
- Invoice holds and invoice tolerances

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