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Oracle 1z0-1055-20 certification exam is designed for professionals who want to validate their knowledge and skills in implementing Oracle Financials Cloud: Payables 2020. Oracle Financials Cloud: Payables 2020 Implementation Essentials certification exam is intended for individuals who have experience working with Oracle Financials Cloud and want to demonstrate their expertise in implementing Payables.
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Oracle 1z0-1055-20 exam will test the candidate's knowledge of various payables processes, such as invoice processing, payments, and supplier management. Candidates will be expected to demonstrate their understanding of the various features of Oracle Financials Cloud: Payables 2020, such as configuring payment terms, creating and managing suppliers, and processing invoices.
| Section | Weight | Objectives |
|---|---|---|
| Reporting and Period Close | 15% | - Explain Period Close Process - Integrated Imaging and Document Capture - Perform Payables to Ledger Reconciliation - Use BIP and OTBI Reports |
| Invoicing and Accounting | 25% | - Process Income Tax and Withholding Tax - Create and Account for Invoices - Configure Subledger Accounting |
| Expense Management | 15% | - Enter and Approve Expense Reports - Process Expense Reimbursements - Manage Corporate Cards |
| Payments Configuration and Processing | 25% | - Setup Payments for Payables - Explain Payment Security and Approvals - Execute Payment Process Requests - Configure Payment Formats |
| Overview and Setup | 20% | - Configure Business Units and Payables Options - Manage Supplier Information - Describe Functional Setup Manager |
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