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

  • 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.

  • 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.

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.

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

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Oracle 1z0-1055-20 Exam Syllabus Topics:

SectionObjectives
Topic 1: Invoice Lifecycle and Processing- Invoice holds and invoice tolerances
- Invoice entry and validation
- Invoice approval rule setup
- Expense report integration
Topic 2: Payments and Disbursements- Disbursement bank account setup
- Payment process requests
- Payment method and process profile configuration
Topic 3: Accounting and Reporting- Reconciliation and period close
- Accounting entry creation and subledger accounting
Topic 4: Tax and Withholding- Offset tax and exempt configurations
- Tax setup for suppliers
Topic 5: Setup and Configuration- Enterprise and financial structure setup
- Supplier setup and master data
- Payables configuration options
- Invoice and distribution configuration

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