From a free demo to 365 days of free updates and a conditional money-back guarantee, ExamTorrent covers every stage of your Oracle Financials Cloud: Payables 2019 Implementation Essentials preparation. Start with the 1Z1-1055 practice questions today and make 2026 the year you get certified.
Oracle 1Z1-1055 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Payables 2019 Implementation Essentials |
| Exam Number: | 1Z0-1055 |
| Real Exam Qty: | 68 - 70 |
| Exam Duration: | 105 - 120 |
| Certificate Validity Period: | Version-specific, no fixed expiration |
| Passing Score: | 61% - 66% |
| Exam Format: | Multiple Select, Multiple Choice |
| Available Languages: | English, Japanese |
| Related Certifications: | Oracle Financials Cloud: General Ledger 2019 Implementation Essentials Oracle Financials Cloud: Expenses 2019 Implementation Essentials Oracle Financials Cloud: Receivables 2019 Implementation Essentials |
| Exam Price: | USD 245 |
| Recommended Training: | Oracle Financials Cloud: Payables Implementation Training |
| Exam Registration: | Pearson VUE Registration Oracle University Exam Page |
| Sample Questions: |  |
| Exam Way: | Online proctored or onsite at Pearson VUE authorized test centers |
| Pre Condition: | No mandatory prerequisites; hands-on experience with Oracle Financials Cloud recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-payables-2019-implementation-essentials/pexam_1Z0-1055 |
Oracle 1Z1-1055 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Invoice Processing | 25% | - Process Withholding and Income Tax - Perform Invoice Validation - Create and Enter Invoices - Manage Invoice Matching - Apply Holds and Releases |
| Topic 2: Expense Management | 15% | - Integrate Expenses with Payables - Enter and Audit Expense Reports - Configure Expense Policies - Manage Expense Approvals - Process Expense Reimbursements |
| Topic 3: Reporting, Reconciliation and Period Close | 15% | - Use Payables Standard Reports - Use BI Publisher and OTBI Reporting - Perform Payables to Ledger Reconciliation - Manage Period Close Process - Explain Integrated Imaging Solutions |
| Topic 4: Payments Configuration and Processing | 25% | - Setup Payment Methods and Formats - Create and Process Payments - Manage Bank Accounts and Payment Systems - Account for Payments - Manage Payment Approvals and Security |
| Topic 5: Payables Setups | 20% | - Configure Business Units - Configure Payables System Options - Manage Reference Data Sets - Define Subledger Accounting - Manage Supplier Master Data |
What Candidates Ask About the Oracle 1Z1-1055 Exam
The Oracle Financials Cloud: Payables 2019 Implementation Essentials exam (code: 1Z1-1055) is the official Oracle exam that leads to the Oracle Financials Cloud: Payables 2019 Certified Implementation Specialist certification. It sits at the Specialist level of the Oracle certification track. It is also connected with related credentials such as Oracle Financials Cloud: General Ledger 2019 Implementation Essentials, Oracle Financials Cloud: Receivables 2019 Implementation Essentials, Oracle Financials Cloud: Expenses 2019 Implementation Essentials. Passing it proves to employers that your skills have been validated by Oracle itself, which is why the 1Z1-1055 credential keeps showing up in job postings.
The Oracle Financials Cloud: Payables 2019 Implementation Essentials exam gives you 105 - 120 to work through 68 - 70. Pacing matters more than most candidates expect, so before exam day, run at least one full timed session in the ExamTorrent test engine to learn how long you can afford per question. If an item stalls you, flag it and move on — coming back later beats burning five minutes on a single question.
The passing score for the Oracle Financials Cloud: Payables 2019 Implementation Essentials exam is 61% - 66%, and the official registration fee is USD 245. Remember that a failed attempt means paying that fee in full again, so a timed self-assessment with ExamTorrent practice questions about a week before your exam date is a cheap way to confirm you are scoring comfortably above 61% - 66%.
According to Oracle, the following applies: No mandatory prerequisites; hands-on experience with Oracle Financials Cloud recommended. Certification policies do change from time to time, so confirm the latest requirements on the official exam page at https://education.oracle.com/oracle-financials-cloud-payables-2019-implementation-essentials/pexam_1Z0-1055 before you register.
You can book your Oracle Financials Cloud: Payables 2019 Implementation Essentials exam through the official channels below:
Depending on availability in your region, the exam is delivered as Online proctored or onsite at Pearson VUE authorized test centers.
Oracle lists the following training options for Oracle Financials Cloud: Payables 2019 Implementation Essentials candidates:
Official courses build a solid foundation, and pairing them with the 113 practice questions from ExamTorrent shows you how ready you really are before you spend money on the exam itself.
Yes. ExamTorrent offers a free 1Z1-1055 PDF demo so you can review the question style, difficulty, and explanations before committing to anything. After purchase, your Oracle Financials Cloud: Payables 2019 Implementation Essentials material includes 365 days of free updates, and if your product expires after that, you can extend the update service at a 50% discount from your member zone.
If you take the corresponding 1Z1-1055 exam within 60 days of your purchase and do not pass, you can apply for a full refund under our 100% Money Back Guarantee, subject to a few conditions: the failed exam must be the one matching your purchase; sitting the exam within 3 days of purchase does not qualify, since that leaves too little preparation time; downloading the material without actually taking the exam does not qualify; free materials and expired orders are excluded; and the candidate name must match the payer name. To apply, send a scanned copy of your enrollment slip together with your official Score Report (PDF) within 2 days after the exam, and claims are processed within 7 days. If you would rather not take a refund, you can exchange your purchase for two free products of equal value while keeping the update service on the product you originally bought. As for delivery, everything is an instant download: your products are sent to your email within one minute of payment — contact customer service if nothing arrives within 2 hours — and there is no limit on the number of computers you can install the software on.
The official Oracle Financials Cloud: Payables 2019 Implementation Essentials syllabus is organized into 5 main domains. The first three are Expense Management (15%), Reporting, Reconciliation and Period Close (15%), and Invoice Processing (25%). For the full domain-by-domain breakdown, see the complete Exam Topics outline above.
Oracle Financials Cloud: Payables 2019 Implementation Essentials Sample Questions:
You have modified your tax setup and want to test the changes on actual Payables transactions. How do you validate before enabling for transaction?
- A. by creating accounting in draft mode
- B. by using Tax Simulator to test
- C. Oracle Transactional Business Intelligence (OTBI)
- D. by changing the tax status to test and then entering a payables invoice
- E. by creating a payable invoice, and by validating and reviewing the tax application
Correct Answer: B 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
What are the output formats supported for Electronic and Check format programs?
- A. Electronic output format of Text, Check output format of Text
- B. Electronic output format of DATA (csv), Check output format of Zipped PDFs
- C. Electronic output format of XML, Check output format of rtf
- D. Electronic output format of eText, Check output format of rtf
- E. Electronic output format of PDF, Check output format of PDF
Correct Answer: D 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
A company makes the payment in a currency different from the invoice and ledger currency. What setup options are required to make the cross currency rate type the default?
- A. Manage common options for Payables and Procurement and Manage Procurement agents
- B. Manage Invoice Options and Manage common options for Payables and Procurement
- C. Manage Payment Options and Manage common options for Payables and Procurement
- D. Manage Invoice Options and Manage Procurement agents
- E. Manage Payable Options and Manage Invoice Options
Correct Answer: E 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
Your client company wants to ensure that the payments they are sending to their financial institution are valid and formatted correctly. They would like to identify any validation failures as early in the process as possible.
Where would you suggest the validations are set?
- A. Payment Format
- B. Disbursement Bank Account
- C. Payment Method
- D. Payment Terms
- E. Supplier Site
Correct Answer: C 🗳️
When creating a check payment, from where is the payment document defaulted?
- A. Bank
- B. Supplier
- C. Legal Entity
- D. Business Unit
- E. Bank Account
Correct Answer: E 🗳️
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