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  • Exam Code: 1z0-1055-20
  • Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials
  • Updated: Jun 01, 2026
  • Q & A: 114 Questions and Answers
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  • Exam Code: 1z0-1055-20
  • Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials
  • Updated: Jun 01, 2026
  • Q & A: 114 Questions and Answers
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  • Exam Code: 1z0-1055-20
  • Exam Name: Oracle Financials Cloud: Payables 2020 Implementation Essentials
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  • Q & A: 114 Questions and Answers
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Oracle 1z0-1055-20 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Configure Business Units
  • Setup Payments for Payables
  • Explain payment security
Topic 2
  • Configure Payables Setups
  • Explain Oracle Transactional Business Intelligence (OTBI)
Topic 3
  • Process Income Tax and Withholding tax calculations
  • Create and Account for payments
Topic 4
  • Configure Subledger Accounting
  • Explain Bank Reconciliations
  • Explain payment approvals
Topic 5
  • Create and Account for invoices
  • Use the Payables to Ledger Reconciliation Report

Reference: https://education.oracle.com/oracle-financials-cloud-payables-2020-implementation-essentials/pexam_1Z0-1055-20

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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:

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  • In Canada: 105,000 CAD

How to prepare for the Oracle 1Z0-1055-20 Certification Exam?

In fact, there are two ways to prepare for the exam:

  • One way is to study all the material provided in the study guide. You can also prep for the exam by reading the official website of the certification. This will help you gain an overall understanding of the topics covered in the certification.

  • The other way is to practice for the exam by solving sample questions like 1Z0-1055-20 exam dumps. This will help you gain experience and also make sure that you are not missing anything out. You can also look at the books, magazines, video tutorials related to finance, payments, and payable.

You should also use your time efficiently while preparing for the exam. You should not spend a lot of time on one topic. It is important to understand the overall structure of the exam. This will help you understand the type of questions that are asked in the exam and how they should be answered. You can also consider sources like blogs, forums, notes by experts, and videos to understand the concepts better.

An individual can face the following difficulty while writing Oracle 1Z0-1055-20 Certification Exam:

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.

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