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

1z0-1055-20
  • Exam Code: 1z0-1055-20
  • Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials
  • Updated: Jul 29, 2026
  • Q & A: 114 Questions and Answers

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The certification exam called the Oracle Financials Cloud: Payables 2020 Implementation Essentials exam, is an essential step towards achieving a professional level of expertise in Payables and Payments. It is also considered the first step in gaining access to the Oracle PS training course for Payables and Payments. The exam is designed to test your knowledge of the latest changes and enhancements for the Payables and Payments functionality in the Oracle Financials Cloud. It focuses on the implementation of the Payables and Payments functionality in the Oracle Financials Cloud.

In this article, we explain the topics that are covered on the exam. We will also provide you with information about the exam preparation materials, which also include Oracle 1Z0-1055-20 exam dumps. Moreover, information like the Oracle 1Z0-1055-20 test pattern, the Oracle 1Z0-1055-20 exam objective, the duration of the exam, the certification level, etc. can be found in the below-mentioned sections. So, get ready to start studying!

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

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Here are the topics covered by the Oracle 1Z0-1055-20 Certification Exam:

1Z0-1055-20 exam dumps cover the following topics of the Oracle 1Z0-1055-20 Certification Exam:

  • Payments: 15%
  • Expenses: 15%
  • Reporting and Period Close: 25%
  • Configure Payables and Payments: 15%
  • Payables Invoices: 30%

Oracle 1z0-1055-20 Exam Syllabus Topics:

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

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