Intro to the Oracle 1Z0-1055-20 Certification Exam:
1Z0-1055-20 Certification Exam which is also named Oracle Financials Cloud: Payables 2020 Implementation Essentials, is a certification exam that is being designed and organized by the Oracle Corporation. The exam is developed to test the knowledge of those individuals who are involved in the implementation of the Payables module for the purpose of recording and processing transactions in an accounting system. We recommend you track your timely progress with the help of a testing platform or 1Z0-1055-20 exam dumps. This particular exam is designed to test your knowledge of how to effectively implement and configure the Payables module in Oracle Fusion Applications. To gain access to this particular Oracle 1Z0-1055-20 Certification Exam you need to successfully pass the Oracle 1Z0-1055-20 Exam and pass it with a score of at least 60% to get the certification.
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.
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How to prepare for the Oracle 1Z0-1055-20 Certification Exam?
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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.
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Oracle 1z0-1055-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Setup and Configuration | - Invoice and distribution configuration - Enterprise and financial structure setup - Payables configuration options - Supplier setup and master data |
| Tax and Withholding | - Offset tax and exempt configurations - Tax setup for suppliers |
| Accounting and Reporting | - Reconciliation and period close - Accounting entry creation and subledger accounting |
| Payments and Disbursements | - Payment process requests - Payment method and process profile configuration - Disbursement bank account setup |
| Invoice Lifecycle and Processing | - Expense report integration - Invoice approval rule setup - Invoice entry and validation - Invoice holds and invoice tolerances |


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