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

1z0-1055-20 pass collection

Exam Code: 1z0-1055-20

Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials

Updated: Sep 14, 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.

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

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Oracle 1z0-1055-20 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Reporting and Period Close15%- Integrated Imaging and Document Capture
- Perform Payables to Ledger Reconciliation
- Explain Period Close Process
- Use BIP and OTBI Reports
Topic 2: Expense Management15%- Process Expense Reimbursements
- Enter and Approve Expense Reports
- Manage Corporate Cards
Topic 3: Overview and Setup20%- Configure Business Units and Payables Options
- Manage Supplier Information
- Describe Functional Setup Manager
Topic 4: Payments Configuration and Processing25%- Setup Payments for Payables
- Configure Payment Formats
- Explain Payment Security and Approvals
- Execute Payment Process Requests
Topic 5: Invoicing and Accounting25%- Process Income Tax and Withholding Tax
- Configure Subledger Accounting
- Create and Account for Invoices

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