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

1z0-1055-20 real exams

Exam Code: 1z0-1055-20

Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials

Updated: Aug 05, 2026

Q & A: 114 Questions and Answers

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How to prepare for the Oracle 1Z0-1055-20 Certification Exam?

In fact, there are two ways to prepare for the exam:

  • One way is to study all the material provided in the study guide. You can also prep for the exam by reading the official website of the certification. This will help you gain an overall understanding of the topics covered in the certification.

  • The other way is to practice for the exam by solving sample questions like 1Z0-1055-20 exam dumps. This will help you gain experience and also make sure that you are not missing anything out. You can also look at the books, magazines, video tutorials related to finance, payments, and payable.

You should also use your time efficiently while preparing for the exam. You should not spend a lot of time on one topic. It is important to understand the overall structure of the exam. This will help you understand the type of questions that are asked in the exam and how they should be answered. You can also consider sources like blogs, forums, notes by experts, and videos to understand the concepts better.

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

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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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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:

SectionObjectives
Topic 1: Invoice Lifecycle and Processing- Invoice holds and invoice tolerances
- Invoice entry and validation
- Invoice approval rule setup
- Expense report integration
Topic 2: Setup and Configuration- Payables configuration options
- Invoice and distribution configuration
- Enterprise and financial structure setup
- Supplier setup and master data
Topic 3: Payments and Disbursements- Disbursement bank account setup
- Payment method and process profile configuration
- Payment process requests
Topic 4: Accounting and Reporting- Reconciliation and period close
- Accounting entry creation and subledger accounting
Topic 5: Tax and Withholding- Tax setup for suppliers
- Offset tax and exempt configurations

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