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To pass the Oracle 1z0-1055-20 certification exam, candidates must demonstrate their knowledge of key topics related to Oracle Financials Cloud Payables 2020 implementation. These topics include supplier management, invoice processing, payment processing, expense reporting, accounting, and more. Additionally, candidates must have a strong understanding of the implementation process, including planning, configuring, testing, and deploying the Oracle Financials Cloud Payables module.
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| Section | Objectives |
|---|---|
| Invoice Lifecycle and Processing | - Invoice entry and validation - Invoice approval rule setup - Expense report integration - Invoice holds and invoice tolerances |
| Tax and Withholding | - Offset tax and exempt configurations - Tax setup for suppliers |
| Payments and Disbursements | - Disbursement bank account setup - Payment method and process profile configuration - Payment process requests |
| Setup and Configuration | - Supplier setup and master data - Payables configuration options - Enterprise and financial structure setup - Invoice and distribution configuration |
| Accounting and Reporting | - Accounting entry creation and subledger accounting - Reconciliation and period close |
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