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Oracle Financials Cloud: Payables 2020 Implementation Essentials (1Z0-1055-20) Practice Exam

Oracle Financials Cloud: Payables 2020 Implementation Essentials (1Z0-1055-20) 


About Oracle Financials Cloud: Payables 2020 Implementation Essentials (1Z0-1055-20) 

A combination of Oracle training and hands-on experience (attained via labs and/or field experience) provides the best preparation for passing the exam


Exam Details

  • Exam Title: Oracle Financials Cloud: Payables 2020 Implementation Essentials
  • Exam Number: 1Z0-1055-20
  • Exam Price: $245 USD
  • Format: Multiple Choice
  • Duration: 85 Minutes
  • Number of Questions: 55
  • Passing score: 60%
  • Validated Against: This exam has been validated against 20B.


Course Outline

The Oracle Financials Cloud: Payables 2020 (1Z0-1055-20) Exam covers the following topics -

1. Invoicing

  • Explain the Integrated Imaging Solution
  • Create and Account for invoices
  • Approve Invoices
  • Manage supplier information

2. Expenses

  • Entering Expense Reports
  • Approve expense reports
  • Process expense reimbursements
  • Manage Corporate Cards
  • Audit Expense Reports
  • Set up Expenses

3. Other Payables Topics

Process Income Tax and Withholding tax calculations

  • Configure Transactional Tax
  • Explain the Close process
  • Configure Payables Setups
  • Configure Business Units
  • Configure Subledger Accounting
  • Execute 1099 Reporting

Describe the Functional Setup Manager

4. Payments

  • Create and Account for payments
  • Execute a Payment Process Request
  • Void a payment
  • Explain Bank Reconciliations
  • Configure Payment Formats
  • Setup Payments for Payables
  • Explain payment security
  • Explain payment approvals

5. Reporting

  • Explain how to design and use various reporting tools
  • Explain Oracle Transactional Business Intelligence (OTBI)
  • Use Business Intelligence Publisher (BIP) Reports
  • Use the Payables to Ledger Reconciliation Report


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