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The certification exam called the Oracle Financials Cloud: Payables 2020 Implementation Essentials exam, is an essential step towards achieving a professional level of expertise in Payables and Payments. It is also considered the first step in gaining access to the Oracle PS training course for Payables and Payments. The exam is designed to test your knowledge of the latest changes and enhancements for the Payables and Payments functionality in the Oracle Financials Cloud. It focuses on the implementation of the Payables and Payments functionality in the Oracle Financials Cloud.
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The salary of an Oracle 1Z0-1055-20 certified expert depends on their experience and skill set. A person can earn a handsome amount after passing with the assistance of the 1Z0-1055-20 exam dumps. The average salary of a Payables Implementation expert is around $90,000 to $130,000 per year. The average of an Oracle 1Z0-1055-20 Certified expert according to the country is listed below:
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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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Payments Configuration and Processing | 25% | - Explain Payment Security and Approvals - Configure Payment Formats - Execute Payment Process Requests - Setup Payments for Payables |
| Topic 2: Overview and Setup | 20% | - Configure Business Units and Payables Options - Manage Supplier Information - Describe Functional Setup Manager |
| Topic 3: Reporting and Period Close | 15% | - Explain Period Close Process - Perform Payables to Ledger Reconciliation - Integrated Imaging and Document Capture - Use BIP and OTBI Reports |
| Topic 4: Expense Management | 15% | - Enter and Approve Expense Reports - Manage Corporate Cards - Process Expense Reimbursements |
| Topic 5: Invoicing and Accounting | 25% | - Create and Account for Invoices - Process Income Tax and Withholding Tax - Configure Subledger Accounting |
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