1.1 Exam Facts, Hands-On Format & How to Use This Guide
Key Takeaways
Oracle MyLearn lists 1Z0-1055-26 as a proctored online, hands-on performance-based exam with 36 questions, a 90-minute duration and a 68% passing score.
Hands-on items give you login credentials to an Oracle Cloud environment; you review a configuration, assess its effect and then answer the question.
Oracle values one exam attempt at US$245, gives no free retake, and requires rescheduling or cancellation at least 24 hours before the appointment.
Holders of a 2019-or-later Payables and Expenses credential can take the free 1D0-1055-26-D Delta exam, and a Delta-refreshed credential is valid for 18 months.
Oracle publishes seven topic areas for this exam but no percentage weights, so every objective needs study.
The Oracle Fusion Cloud Financials: Payables and Expenses 2026 Implementation Professional exam (code 1Z0-1055-26) is aimed at implementers, administrators, managers and consultants who configure Oracle Payables, Oracle Payments and Oracle Expenses. Oracle's exam page says the credential covers common configurations in the Supplier Invoice to Payments process, Supplier Invoices, Payments, Accounts Payable Balances and Expenses. It also covers AI, machine learning, generative and agentic AI, and the analytics tools used in those processes.
This guide is independent preparation material written by OpenExamPrep. It is not Oracle training and it is not affiliated with Oracle.
Official exam facts
| Item | What Oracle publishes |
|---|---|
| Exam code | 1Z0-1055-26 |
| Delivery | Proctored online through Oracle MyLearn. Since 1 September 2022, Oracle delivers its certification exams directly rather than through Pearson VUE. The exceptions are some Chinese and Japanese language exams for Database, Java and MySQL. |
| Format | Hands-on, performance-based: standard multiple-choice questions plus questions tied to configurations in a live Oracle Cloud Applications environment |
| Number of questions | 36 |
| Duration | 90 minutes |
| Passing score | 68% |
| Price | An exam attempt is valued at US$245 in MyLearn; your local price can vary |
| Retakes | No free retake; each attempt uses a purchased exam attempt |
| Rescheduling | Reschedule or cancel at least 24 hours before the appointment, or you may lose the attempt. A missed appointment counts as a used attempt ("No Show") |
| Credential earned | Oracle Fusion Cloud Financials: Payables and Expenses 2026 Certified Implementation Professional |
| Recertification | Oracle's Cloud Recertification policy applies. Holders of a 2019-or-later Payables and Expenses Implementation Professional or Specialist credential can take the free Delta exam 1D0-1055-26-D (15 free attempts). Oracle's FAQ says a credential refreshed through a Delta exam is valid for 18 months |
Oracle's exam FAQ also sets these test-day rules:
- Pen and paper are not allowed. Use the digital Calculator and Whiteboard in the exam control panel instead.
- Use Google Chrome or Microsoft Edge, and run the readiness check before exam day.
- The score report is usually in Oracle CertView between 30 minutes and a couple of hours after you finish.
Oracle recommends at least twelve months of extensive hands-on experience for professional-level exams. Its suggested training is the MyLearn learning path Become a Certified Financials – Payables Implementer.
How the hands-on questions work
Oracle's description of the format is specific. These questions require candidates to review a configuration, assess that configuration, and answer the question related to the configuration. Inside the exam, the Login Credentials option shows the environment URL and sign-in details. You are scored on how well you work out the effect of settings on system behavior. Oracle does not say you must build setups from scratch.
That changes how you should study. For each setup page in this guide, know three things:
- Where the setting lives. Is it in Manage Invoice Options, Manage Payment Options, Manage Disbursement System Options, Manage Common Options for Payables and Procurement, the supplier site, or Manage Expenses System Options?
- At what level it applies: business unit, ledger, legal entity, reference data set, supplier site assignment, or all business units.
- What it changes downstream: a hold, a default value, an accounting entry, or which installments a payment run selects.
For example, a question might show a supplier site with Hold unmatched invoices set to Default from Payables Options, and invoice options with that option enabled. You then predict that validation places a Matching Required hold on a non-PO invoice.
The seven published topic areas
Oracle publishes the topics below with no percentage weights. Don't skip a topic on the assumption that it is lightly tested.
| Topic area | Published objectives | Where this guide teaches it |
|---|---|---|
| Setting up Common Configurations in the Supplier Invoice to Payments Process | Enterprise and financial reporting structures, data security, business units and reference sets, supplier and bank master data, common configurations, transaction and withholding taxes, Subledger Accounting, Cash Management | Chapters 1–3, 5.3, 7.3 |
| Implementing Supplier Invoices | Invoice processing, the role of AI, invoice options, distribution sets, tolerances, holds and releases, approval rules | Chapters 3–5 |
| Implementing Payments | The payment process, the role of AI, payment options, disbursement options, payment methods, payment process profiles, payment approval rules, payment process request templates | Chapters 6–7 |
| Implementing Accounts Payable Balances | Analysis, reporting and period close, Payables calendars, aging periods, Payables to General Ledger reconciliation | Chapter 8 |
| Implementing Expenses | Expense processing, the role of AI, system options, templates and types, policies, approval rules, conversion rates, corporate cards, receipt management, audit rules, cash advances, travel integration | Chapters 9–10 |
| Leveraging AI/ML/Mobile and Automation Features | Using AI, ML, mobile and automation to streamline processes | 5.1, 7.5, 11.1 |
| Enabling Redwood Capabilities | Enabling Redwood and its effect on existing configurations | 11.2 |
How Setup and Maintenance organizes the work
All of these settings are maintained in the Setup and Maintenance work area. Oracle documentation describes each task by Offering (Financials), Functional Area (for example Payables, Payments, Expenses, Cash Management and Banking or Transaction Tax) and Task. For example: Offering Financials, Functional Area Payments, Task Manage Disbursement System Options.
Some tasks are scoped. When you open Manage Invoice Options or Manage Payment Options, you first select the business unit the settings apply to. Others are global: Manage Disbursement System Options applies to the whole deployment.
Oracle also provides a rapid-implementation workbook, Create Chart of Accounts, Ledger, Legal Entities, and Business Units in Spreadsheet. Oracle's guides note that it can automate the initial invoice options and payment options setup along with the enterprise structures. Many exam scenarios still turn on individual settings that you adjust afterwards, so learn the pages themselves.
A candidate is planning time for 1Z0-1055-26. Which set of logistics matches the current Oracle MyLearn exam page?
55 to 60 questions, 85 to 120 minutes, and a scaled passing score of about 62%
36 questions, 90 minutes, and a passing score of 68%
36 questions, 120 minutes, and a passing score of 65%
50 questions, 90 minutes, and a passing score of 70%
During a hands-on performance-based item, what is the candidate expected to do in the Oracle Cloud environment?
Rebuild the complete Payables configuration for a new business unit and submit it for automated scoring
Write SQL against the Payables tables to extract the answer from the database
Review an existing configuration, assess how it affects system behavior, and answer the related question
Export a configuration package from the environment and upload it to the exam portal for grading
A consultant earned the Oracle Financials Cloud: Payables Implementation Professional credential in 2021. It has since lapsed, and the consultant wants the 2026 credential at the lowest cost. What does Oracle's certification FAQ allow?
The consultant must buy and pass the full 1Z0-1055-26 exam because lapsed credentials lose Delta eligibility
The consultant can retake the 2021 exam code for free, which automatically converts to the 2026 credential
The consultant can take the Delta exam only after buying a US$245 exam attempt
The consultant can take the free 1D0-1055-26-D Delta exam, because 2019-or-later credentials qualify even if lapsed
Sections you finish are checked off in the contents.