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Oracle 1Z1-1055 exam comprises of 60 multiple-choice questions and has a time limit of 105 minutes. To pass the exam, candidates must obtain a score of 64% or higher. 1Z1-1055 exam is conducted online and can be taken from any location. The Oracle 1Z1-1055 certification is valid for two years, after which candidates must recertify to maintain their certification status. Overall, the Oracle 1Z1-1055 exam is an excellent opportunity for professionals to validate their skills and knowledge in Oracle Financials Cloud Payables implementation and gain credibility in the industry.

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Oracle 1Z1-1055 certification exam covers a wide range of topics related to Oracle Financials Cloud: Payables 2019. These topics include setting up suppliers, creating invoices, processing payments, managing expenses, and configuring financials. 1Z1-1055 exam also covers topics related to managing the payables process, such as managing supplier accounts, managing invoice approvals, and managing payments.

Reference: https://education.oracle.com/oracle-financials-cloud-payables-2019-implementation-essentials/pexam_1Z0-1055

Oracle Financials Cloud Payables module is an essential component of the Oracle Financials Cloud suite of applications. It helps organizations to streamline their payables processes, reduce costs, and improve efficiency. Professionals who are certified in the Oracle Financials Cloud Payables module are in high demand and can expect to earn a higher salary compared to their non-certified counterparts.

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Oracle 1Z1-1055 Exam Syllabus Topics:

SectionObjectives
Topic 1: Tax and Accounting Integration- Accounting entries and subledger integration
- Tax configuration in Payables
Topic 2: Suppliers and Supplier Management- Supplier creation and maintenance
- Supplier sites and payment terms
Topic 3: Payables Setup and Configuration- Payables application configuration
- Ledger and accounting setup integration
Topic 4: Invoice Management- Invoice matching and approvals
- Invoice creation and validation
Topic 5: Reporting and Troubleshooting- Common issues and resolution
- Payables reporting tools
Topic 6: Payments Processing- Payment methods and formats
- Payment execution and reconciliation

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