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The certification exam called the Oracle Financials Cloud: Payables 2020 Implementation Essentials exam, is an essential step towards achieving a professional level of expertise in Payables and Payments. It is also considered the first step in gaining access to the Oracle PS training course for Payables and Payments. The exam is designed to test your knowledge of the latest changes and enhancements for the Payables and Payments functionality in the Oracle Financials Cloud. It focuses on the implementation of the Payables and Payments functionality in the Oracle Financials Cloud.
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Oracle 1z0-1055-20 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Payments Configuration and Processing | 25% | - Configure Payment Formats - Execute Payment Process Requests - Setup Payments for Payables - Explain Payment Security and Approvals |
| Overview and Setup | 20% | - Configure Business Units and Payables Options - Describe Functional Setup Manager - Manage Supplier Information |
| Expense Management | 15% | - Process Expense Reimbursements - Enter and Approve Expense Reports - Manage Corporate Cards |
| Reporting and Period Close | 15% | - Use BIP and OTBI Reports - Integrated Imaging and Document Capture - Perform Payables to Ledger Reconciliation - Explain Period Close Process |
| Invoicing and Accounting | 25% | - Create and Account for Invoices - Configure Subledger Accounting - Process Income Tax and Withholding Tax |







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