Oracle 1Z0-1055-21 Valid Test : Oracle Financials Cloud: Payables 2021 Implementation Essentials

  • Exam Code: 1Z0-1055-21
  • Exam Name: Oracle Financials Cloud: Payables 2021 Implementation Essentials
  • Updated: Sep 02, 2026
  • Q&As: 142 Questions and Answers

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Oracle 1Z0-1055-21 exam is a certification exam offered by Oracle Corporation that tests the knowledge and skills of individuals in implementing payables solutions using the Oracle Financials Cloud. 1Z0-1055-21 exam is designed to test the ability of professionals to implement and configure payables solutions in a cloud-based environment. The Oracle 1Z0-1055-21 certification is an important credential for professionals who want to advance their careers in the field of financial management.

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Oracle 1Z0-1055-21 exam, also known as the Oracle Financials Cloud: Payables 2021 Implementation Essentials exam, is designed for individuals who have experience in implementing and managing the Oracle Financials Cloud Payables application. 1Z0-1055-21 exam measures the knowledge and skills required to configure, implement, and manage payables in Oracle Financials Cloud.

Reference: https://education.oracle.com/oracle-financials-cloud-payables-2021-implementation-essentials/pexam_1Z0-1055-21

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Oracle 1Z0-1055-21 exam consists of 60 multiple-choice questions that need to be completed within 105 minutes. To pass the exam, a candidate needs to score at least 68%. 1Z0-1055-21 exam is available in English and Japanese and can be taken online or at a test center. Achieving this certification demonstrates to potential employers that an individual has the skills and knowledge necessary to implement Oracle Financials Cloud: Payables solutions successfully. It can also help individuals advance their careers as it is recognized globally and can open doors to new job opportunities.

Oracle 1Z0-1055-21 Exam Syllabus Topics:

SectionObjectives
Topic 1: Payables Setup and Configuration- Common setup for Payables
  • 1. Payables system options and configuration
    • 2. Accounting configuration for Payables
      Topic 2: Period Close and Reporting- Payables close processes
      • 1. Period close activities
        • 2. Invoice and payment reconciliation
          Topic 3: Tax and Withholding- Tax configuration in Payables
          • 1. Withholding tax setup
            • 2. Tax rules and calculation
              Topic 4: Invoice Management- Invoice processing
              • 1. Invoice matching and approvals
                • 2. Expense and recurring invoices
                  • 3. Invoice creation and validation
                    Topic 5: Integration and Automation- Payables integration
                    • 1. Integration with General Ledger
                      • 2. Workflow and approvals automation
                        Topic 6: Payments- Payment processing
                        • 1. Payment formats and methods
                          • 2. Payment creation and scheduling
                            • 3. Payment reconciliation
                              Topic 7: Suppliers and Supplier Management- Supplier setup and maintenance
                              • 1. Supplier profiles and sites
                                • 2. Supplier classification and controls

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