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

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Exam Code: 1z0-1055-20

Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials

Updated: Aug 08, 2026

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

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

  • 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.

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

For more information about the Oracle 1Z0-1055-20 Certification Exam, click on the reference link given here:

Details about the Oracle 1Z0-1055-20 Certification Exam

Oracle 1z0-1055-20 Exam Syllabus Topics:

SectionObjectives
Topic 1: Payments Processing- Payment setup and execution
  • 1. Payment methods and formats
    • 2. Payment processing and reconciliation
      Topic 2: Supplier Management- Supplier setup and maintenance
      • 1. Supplier classifications and controls
        • 2. Supplier creation and sites
          Topic 3: Controls and Automation- Automation and compliance features
          • 1. Approval workflows
            • 2. Invoice matching and controls
              Topic 4: Payables Configuration- Common setup and application configuration
              • 1. Manage Payables options
                • 2. Configure accounting options
                  Topic 5: Invoice Processing- Invoice entry and validation
                  • 1. Manual and automated invoice creation
                    • 2. Invoice validation and approval workflows
                      Topic 6: Accounting and Reporting- Payables accounting integration
                      • 1. Subledger accounting rules
                        • 2. Period close and reconciliation

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