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Oracle 1z0-1055-20 certification exam is designed to test the candidate's knowledge in areas such as supplier management, invoice processing, payment processing, and accounting. 1z0-1055-20 exam consists of 60 questions and has a time limit of 105 minutes. Candidates are required to score a minimum of 68% to pass the exam. Achieving this certification demonstrates that the individual has the skills and knowledge necessary to implement Oracle Financials Cloud: Payables 2020 and can effectively manage and process payables for their organization.
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Oracle 1z0-1055-20 certification exam is a multiple-choice exam that consists of 70 questions that are to be completed within 105 minutes. 1z0-1055-20 exam covers various aspects of the Oracle Financials Cloud: Payables, including supplier management, invoice processing, payments, accounting, and analytics. 1z0-1055-20 exam is designed for individuals with a strong understanding of the payables functionality of Oracle Financials Cloud, and it is recommended that candidates have a minimum of six months of experience using the software.
Oracle 1z0-1055-20 exam covers various topics related to the implementation and management of the Oracle Financials Cloud Payables solutions. These topics include the setup and configuration of the solution, the management of payables transactions, the implementation of payment solutions, and the management of suppliers and supplier invoices. 1z0-1055-20 exam also covers topics related to security, reporting, and analytics.
Oracle 1z0-1055-20 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Tax and Withholding | - Tax setup for suppliers - Offset tax and exempt configurations |
| Setup and Configuration | - Enterprise and financial structure setup - Invoice and distribution configuration - Payables configuration options - Supplier setup and master data |
| Accounting and Reporting | - Reconciliation and period close - Accounting entry creation and subledger accounting |
| Payments and Disbursements | - Disbursement bank account setup - Payment method and process profile configuration - Payment process requests |
| Invoice Lifecycle and Processing | - Invoice entry and validation - Invoice holds and invoice tolerances - Expense report integration - Invoice approval rule setup |





