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To pass the Oracle 1z0-1055-20 certification exam, candidates must demonstrate their proficiency in implementing Oracle Financials Cloud Payables 2020, as well as their ability to configure and manage the application effectively. Candidates must also have a good understanding of the Oracle Financials Cloud Payables application's functionality, features, and capabilities.
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Oracle 1z0-1055-20 exam includes a series of multiple-choice questions that are designed to evaluate your knowledge, skills, and experience in Oracle Financials Cloud Payables implementation. The test comprises 70 questions and has a time limit of 105 minutes. To pass the exam, you must attain a minimum score of 65%. With the certification, you'll gain the knowledge and experience needed to take on leadership roles in Oracle Payables implementation projects and earn a more significant salary.
Oracle 1z0-1055-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Setup and Configuration | - Payables configuration options - Supplier setup and master data - Enterprise and financial structure setup - Invoice and distribution configuration |
| Topic 2: Invoice Lifecycle and Processing | - Invoice entry and validation - Invoice holds and invoice tolerances - Expense report integration - Invoice approval rule setup |
| Topic 3: Payments and Disbursements | - Payment process requests - Disbursement bank account setup - Payment method and process profile configuration |
| Topic 4: Tax and Withholding | - Offset tax and exempt configurations - Tax setup for suppliers |
| Topic 5: Accounting and Reporting | - Accounting entry creation and subledger accounting - Reconciliation and period close |
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