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Last Updated: Oct 05, 2026
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The certification exam called the Oracle Financials Cloud: Payables 2020 Implementation Essentials exam, is an essential step towards achieving a professional level of expertise in Payables and Payments. It is also considered the first step in gaining access to the Oracle PS training course for Payables and Payments. The exam is designed to test your knowledge of the latest changes and enhancements for the Payables and Payments functionality in the Oracle Financials Cloud. It focuses on the implementation of the Payables and Payments functionality in the Oracle Financials Cloud.
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| Section | Weight | Objectives |
|---|---|---|
| Reporting and Period Close | 15% | - Explain Period Close Process - Use BIP and OTBI Reports - Perform Payables to Ledger Reconciliation - Integrated Imaging and Document Capture |
| Overview and Setup | 20% | - Configure Business Units and Payables Options - Manage Supplier Information - Describe Functional Setup Manager |
| Invoicing and Accounting | 25% | - Create and Account for Invoices - Process Income Tax and Withholding Tax - Configure Subledger Accounting |
| Payments Configuration and Processing | 25% | - Setup Payments for Payables - Execute Payment Process Requests - Explain Payment Security and Approvals - Configure Payment Formats |
| Expense Management | 15% | - Manage Corporate Cards - Enter and Approve Expense Reports - Process Expense Reimbursements |
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