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Oracle Financials Cloud: Payables 2024 Implementation Professional (1Z0-1055-24)

Oracle Question & Answer
SAP

Last Updated

04 April 2025

Exam Code: 1Z0-1055-24
Exam Name: Oracle Financials Cloud: Payables 2024 Implementation Professional

Passing Score: 75%
Duration: 90 Minute

ALL ITprep Provides 100% Valid Oracle Exam Questions and answers which can helps you to Pass Your Certification Exam in First Attempt.

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Course Description

Prepare to pass exam: Oracle Financials Cloud: Payables 2024 Implementation Professional

The Oracle Financials Cloud: Payables 2024 Implementation Professional certification is designed for Accounts Payable Administrators, Process Owners who implement enterprise financial solutions. Individuals who earn this certification are skilled at configuring payables, payments and tax, payables invoicing and expenses, creating and processing invoices and payments, entering and processing expenses, and understanding reporting options and period close.

If you have a valid Oracle Financials Cloud: Payables Implementation Professional Certification, and your credential has not expired, you can maintain your certification by taking the corresponding shorter Delta exam.

To prepare for the Oracle Financials Cloud: Payables 2024 Implementation Professional exam, focus on mastering invoice processing, payment configuration, and supplier management. Use official documentation, training courses, and practice exams to strengthen your knowledge and practical skills.


Exam topics covered

Managing Payables Invoices

  • Explain invoice imaging and recognition solutions
  • Create and account for invoices
  • Manage suppliers

Processing Payments

  • Create and Process Payments
  • Explain Bank Reconciliations

Processing Expenses

  • Enter Expense Reports
  • Manage Expense Approval
  • Process expense reimbursements
  • Manage corporate cards
  • Audit expense reports
  • Set up Expenses

Using Reporting and Managing Period Close

  • Explain Oracle Transactional Business Intelligence (OTBI)
  • Use Business Intelligence Publisher (BIP) Reports
  • Use the Payables to Ledger Reconciliation Report
  • Explain the Close process

Configuring Payables and Payments

  • Manage withholding and transaction taxes
  • Configure payables and payments
  • Manage business units
  • Manage subledger accounting
  • Manage invoice and payment approvals

Using AI Capabilities in Payables

  • Understand how to leverage Oracle’s pervasive AI approach in Oracle Cloud Applications
  • Describe the integration and application of AI within the Oracle ERP ecosystem
  • Use AI to automate intelligent account combination defaulting 

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8 reviews for Oracle Financials Cloud: Payables 2024 Implementation Professional

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