Oracle Financials Cloud: Payables 2021 Implementation Essentials : 1Z0-1055-21

  • Exam Code: 1Z0-1055-21
  • Exam Name: Oracle Financials Cloud: Payables 2021 Implementation Essentials
  • Updated: Sep 04, 2026     Q & A: 142 Questions and Answers

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Oracle Financials Cloud: Payables 2021 Implementation Essentials exam, also known as 1Z0-1055-21, is an industry-recognized certification that validates the skills and knowledge required to implement Oracle Financials Cloud: Payables solutions. 1Z0-1055-21 exam is designed for individuals who have a strong understanding of financial processes and want to demonstrate their expertise in implementing and configuring Oracle Financials Cloud: Payables solutions. 1Z0-1055-21 exam covers topics such as setting up suppliers, invoices, payments, and configuring automatic payment processing, among others.

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Oracle 1Z0-1055-21 exam is a requirement for individuals who want to become certified as an Oracle Financials Cloud Payables 2021 Implementation Specialist. Oracle Financials Cloud: Payables 2021 Implementation Essentials certification validates the skills and knowledge required to implement and manage the Oracle Financials Cloud Payables application. To earn this certification, candidates must pass the Oracle 1Z0-1055-21 exam and meet other requirements, such as completing training courses and submitting a course submission form.

Reference: https://education.oracle.com/oracle-financials-cloud-payables-2021-implementation-essentials/pexam_1Z0-1055-21

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Oracle 1Z0-1055-21 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Payables Configuration and Setup20%- Integrated Imaging Solution
- Manage Business Units
- Configure Payables and Payments
- Manage Suppliers
Topic 2: Expense Management20%- Manage Expense Approval
- Manage Corporate Cards
- Process Expense Reimbursements
- Audit Expense Reports
- Enter Expense Reports
Topic 3: Invoices and Subledger Accounting25%- Invoice Approvals
- Create and Account for Invoices
- Manage Withholding and Transaction Taxes
- Manage Subledger Accounting
Topic 4: Reporting and Period Close15%- Period Close Process
- Payables to Ledger Reconciliation
- OTBI and BIP Reports
Topic 5: Payments and Bank Reconciliation20%- Bank Reconciliations
- Create and Process Payments
- Manage Payment Approvals

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