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What is the prerequisite for the Oracle 1Z0-1055-20 Certification Exam?
There are no prerequisites for taking the Oracle 1Z0-1055-20 Certification Exam. The only prerequisite is that you should have gained some working experience in the implementation of the Payables module.
How to prepare for the Oracle 1Z0-1055-20 Certification Exam
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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 |
|---|---|---|
| Topic 1: Overview and Setup | 20% | - Manage Supplier Information - Configure Business Units and Payables Options - Describe Functional Setup Manager |
| Topic 2: Invoicing and Accounting | 25% | - Create and Account for Invoices - Configure Subledger Accounting - Process Income Tax and Withholding Tax |
| Topic 3: Payments Configuration and Processing | 25% | - Setup Payments for Payables - Configure Payment Formats - Execute Payment Process Requests - Explain Payment Security and Approvals |
| Topic 4: Reporting and Period Close | 15% | - Perform Payables to Ledger Reconciliation - Explain Period Close Process - Use BIP and OTBI Reports - Integrated Imaging and Document Capture |
| Topic 5: Expense Management | 15% | - Enter and Approve Expense Reports - Process Expense Reimbursements - Manage Corporate Cards |
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