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

"Oracle Financials Cloud: Payables 2020 Implementation Essentials", also known as 1z0-1055-20 exam, is a Oracle Certification. With the complete collection of questions and answers, UpdateDumps has assembled to take you through 114 Q&As to your 1z0-1055-20 Exam preparation. In the 1z0-1055-20 exam resources, you will cover every field and category in Oracle Financials Cloud Certification helping to ready you for your successful Oracle Certification.

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  • Updated on: Sep 03, 2026
  • No. of Questions: 114 Questions & Answers

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  • Updated on: Sep 03, 2026
  • No. of Questions: 114 Questions & Answers

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

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  • 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.

  • 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.

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.

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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.

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Which is the best resource for the preparation of Oracle 1Z0-1055-20?

All the above-described sources can be used to prepare for the Oracle 1Z0-1055-20 Certification Exam. However, the most important source is the practice exams. All the information is provided in a user-friendly form which makes it easy to understand. This will help you in gaining knowledge about the topics covered in the exam. In addition to this, you can also get answers to all the questions in these exam dumps. You can download the query bank or use the practice test as mentioned above. Oracle 1Z0-1055-20 exam dumps of the UpdateDumps will help you prepare for the exam. You can take a look at them and see how well you are doing. This will help you gauge the level of prep you have done for the Oracle 1Z0-1055-20 Certification Exam. Once you feel ready, you can proceed with the actual exam. Here, you will find various questions related to the Payables and Payments topic. These questions have been provided in order to help you understand the concepts better. You will be able to understand the terminology and the flow of the concepts better by going through these questions.

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:

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

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