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: Oct 18, 2026
  • Q & A: 114 Questions and Answers

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The significance of the Oracle 1Z0 1055-20 Certification Exam:

The current era is currently going on. On the contrary, we have seen a massive shift in the way business organizations run their businesses. There has been a significant change in the business world where it is no longer just a matter of how much profit an organization makes but how fast it can turn those profits into cash. This particular change in the business world has been attributed to the use of technology. A company that is not able to adapt to these changes in the business world is bound to suffer from huge losses. The only way for a company to survive in this modern era is by being equipped with the knowledge to make sound decisions and take quick and proper actions when required. This knowledge and expertise can be gained by one through the Oracle 1Z0-1055-20 Certification Exam. You can stay updated by learning about the Oracle 1Z0-1055-20 Certification Exam with the help of scenario-based questions, from the test engine or 1Z0-1055-20 exam dumps.

Passing Score, Duration, No of question, languages, Format of the Oracle 1Z0-1055-20 Certification Exam:

Passing Score, Duration & Questions for the Oracle 1Z0-1055-20 Certification given in the 1Z0-1055-20 exam dumps are as follows:

  • No. of questions: 55
  • Passing score: 60%
  • Duration: 90 Minutes
  • Languages: English
  • Exam Format: Multiple choice

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What is the prerequisite for the Oracle 1Z0-1055-20 Certification Exam?

There are no prerequisites for taking the Oracle 1Z0-1055-20 Certification Exam. The only prerequisite is that you should have gained some working experience in the implementation of the Payables module.

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.

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

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