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

  • Exam Code: 1z0-1055-20
  • Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials
  • Updated: Sep 16, 2026
  • Q&As: 114 Questions and Answers

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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.

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

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An individual can face the following difficulty while writing Oracle 1Z0-1055-20 Certification Exam:

The major difficulty that you can face while writing the Oracle 1Z0-1055-20 Certification Exam is that you don't have any idea how to do it. This is because the questions are not directly related to Payables and you will need to apply your experience to write the answer. There is a high possibility of getting this question wrong, as you do not have any clue about the subject. If you are aware of the topics beforehand, you can be able to prepare yourself for the exam. You can use 1Z0-1055-20 exam dumps to practice and solve the exam with ease. This will make it easier for you to get the answers right. You will also be able to save time in solving the query.

Another difficulty that you may face is that you may not understand the terminology being used in the question. However, it is possible to prep for this by referring to the resources available online. These resources include the study guide, the official website, and other relevant documents. Time management is another major issue faced while writing the exam. You will need to manage your time effectively so that you can write the entire test.

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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:

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

Oracle 1z0-1055-20 Exam Syllabus Topics:

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

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