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Oracle 1z0-1055-20 is a certification exam designed specifically for professionals who wish to demonstrate their expertise in implementing Oracle Financials Cloud: Payables 2020. Oracle Financials Cloud: Payables 2020 Implementation Essentials certification exam is one of the most sought-after credentials for professionals who are looking to establish themselves as experts in Oracle Financials Cloud Payables. It aims to validate the skills and knowledge of the individuals in implementing and managing the Oracle Financials Cloud Payables solution.
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Oracle 1z0-1055-20 exam is designed for individuals who wish to showcase their skills and knowledge in implementing Oracle Financials Cloud: Payables 2020. Oracle Financials Cloud: Payables 2020 Implementation Essentials certification exam validates the candidate's ability to configure and manage the payables process, including setting up payment methods, managing suppliers, creating invoices, processing payments, and managing expenses. 1z0-1055-20 exam also covers topics such as managing accounting entries, managing approvals, and managing taxation.
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| Section | Objectives |
|---|---|
| Topic 1: Invoice Lifecycle and Processing | - Invoice approval rule setup - Expense report integration - Invoice entry and validation - Invoice holds and invoice tolerances |
| Topic 2: Tax and Withholding | - Tax setup for suppliers - Offset tax and exempt configurations |
| Topic 3: Accounting and Reporting | - Reconciliation and period close - Accounting entry creation and subledger accounting |
| Topic 4: Payments and Disbursements | - Payment method and process profile configuration - Disbursement bank account setup - Payment process requests |
| Topic 5: Setup and Configuration | - Payables configuration options - Supplier setup and master data - Invoice and distribution configuration - Enterprise and financial structure setup |
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