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Updated: Jul 24, 2026
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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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The major difficulty that you can face while writing the Oracle 1Z0-1055-20 Certification Exam is that you don't have any idea how to do it. This is because the questions are not directly related to Payables and you will need to apply your experience to write the answer. There is a high possibility of getting this question wrong, as you do not have any clue about the subject. If you are aware of the topics beforehand, you can be able to prepare yourself for the exam. You can use 1Z0-1055-20 exam dumps to practice and solve the exam with ease. This will make it easier for you to get the answers right. You will also be able to save time in solving the query.
Another difficulty that you may face is that you may not understand the terminology being used in the question. However, it is possible to prep for this by referring to the resources available online. These resources include the study guide, the official website, and other relevant documents. Time management is another major issue faced while writing the exam. You will need to manage your time effectively so that you can write the entire test.
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.
| Section | Weight | Objectives |
|---|---|---|
| Reporting and Period Close | 15% | - Explain Period Close Process - Integrated Imaging and Document Capture - Use BIP and OTBI Reports - Perform Payables to Ledger Reconciliation |
| Invoicing and Accounting | 25% | - Process Income Tax and Withholding Tax - Configure Subledger Accounting - Create and Account for Invoices |
| Expense Management | 15% | - Manage Corporate Cards - Process Expense Reimbursements - Enter and Approve Expense Reports |
| Payments Configuration and Processing | 25% | - Configure Payment Formats - Execute Payment Process Requests - Setup Payments for Payables - Explain Payment Security and Approvals |
| Overview and Setup | 20% | - Configure Business Units and Payables Options - Manage Supplier Information - Describe Functional Setup Manager |
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