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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: Payments Configuration and Processing | 25% | - Setup Payments for Payables - Explain Payment Security and Approvals - Execute Payment Process Requests - Configure Payment Formats |
| Topic 2: Reporting and Period Close | 15% | - Use BIP and OTBI Reports - Perform Payables to Ledger Reconciliation - Integrated Imaging and Document Capture - Explain Period Close Process |
| Topic 3: Invoicing and Accounting | 25% | - Configure Subledger Accounting - Create and Account for Invoices - Process Income Tax and Withholding Tax |
| Topic 4: Overview and Setup | 20% | - Configure Business Units and Payables Options - Describe Functional Setup Manager - Manage Supplier Information |
| Topic 5: Expense Management | 15% | - Enter and Approve Expense Reports - Process Expense Reimbursements - Manage Corporate Cards |
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