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

  • Exam Code: 1z0-1055-20
  • Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials
  • Updated: Aug 02, 2026     Q & A: 114 Questions and Answers

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The targeted audience for the Oracle 1Z0-1055-20 Certification Exam:

Oracle 1Z0-1055-20 Certification Exam is designed for all the professionals who are involved in the implementation and configuration of the Payables module in an accounting system. They are mainly required to implement the Payables module in Oracle Fusion Applications and use this particular module to process payments and enter invoices. The exam is intended for those candidates who have already gained experience in using the Payables module in a system and are looking for a new job in the same field. You can also use 1Z0-1055-20 exam dumps either you can take the Oracle 1Z0-1055-20 Certification Exam or not. Individuals with a designation like Senior Business Analyst, Senior Consultant, Director of Systems, or an equivalent position can be considered for the exam. The people from the Oracle 1Z0-1055-20 Certification Exam can be from any part of the world.

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The following are some advantages of getting the Oracle 1Z0-1055-20 Certification:

  • It is a very helpful way of earning money. With the growing trend of globalization and the rise in the number of multinational companies, the demand for professionals like Payables Implementation experts is rising. With the increasing demand, it is becoming tough to find such professionals. However, with the certification program, it has become much easier to find these professionals.

  • The Oracle 1Z0-1055-20 Certification Exam will enable you to demonstrate your expertise in the area of Payables and payments. This will be useful for both organizations and individuals, as they can now get certified professionals to help them solve their problems. They can also use these professionals for new projects.

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

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Intro to the Oracle 1Z0-1055-20 Certification Exam:

1Z0-1055-20 Certification Exam which is also named Oracle Financials Cloud: Payables 2020 Implementation Essentials, is a certification exam that is being designed and organized by the Oracle Corporation. The exam is developed to test the knowledge of those individuals who are involved in the implementation of the Payables module for the purpose of recording and processing transactions in an accounting system. We recommend you track your timely progress with the help of a testing platform or 1Z0-1055-20 exam dumps. This particular exam is designed to test your knowledge of how to effectively implement and configure the Payables module in Oracle Fusion Applications. To gain access to this particular Oracle 1Z0-1055-20 Certification Exam you need to successfully pass the Oracle 1Z0-1055-20 Exam and pass it with a score of at least 60% to get the certification.

Oracle 1z0-1055-20 Exam Syllabus Topics:

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

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