1Z0-1055-26 study plan

Map the end-to-end Supplier Invoice to Payments flow and label where each common configuration option is consumed downstream

Configure common Payables and Payments options in a sandbox: business unit defaults, invoice and payment currencies, payment terms, and distribution sets

Set up supplier and supplier site defaults, including payment method, remit-to address, and matching tolerances, then trace how they inherit into an invoice

Build a quick-reference table of configuration fields, their scope (enterprise, business unit, supplier, site), and their downstream effect

Configure invoice types, system options, and approval tolerances, then test how each changes invoice validation behavior

Create and validate standard, credit memo, debit memo, and prepayment invoices to confirm the transaction-type rules you configured

Configure invoice holds, hold resolution, and approval routing, then demonstrate releasing a held invoice through to validation

Set up matching options for two-, three-, and four-way matching and run one match scenario for each

Configure invoice capture options including spreadsheet import, imaging, and automatic invoice creation from procurement flows

Apply tax, withholding tax, and distribution handling to invoices, including manual tax lines and tax recovery setup

Configure adjustments, charge accounts, and allocation of freight and miscellaneous lines, then verify accounting entries

Create and run an Invoice Workbench inquiry to reconcile unvalidated, held, and validated invoice populations

Configure payment process profiles, payment methods, payment formats, and disbursement bank accounts

Run a complete payment process request through selection, formatting, and confirmation, including a partial payment and a discount taken

Configure payment terms with installment splits, discount grace days, and pro forma terms, then verify due date and discount calculations

Set up and test void and stop payment handling, including the accounting reversal

Configure bank account transfers and reconcile a payment file against the bank statement data

Configure period close for Payables, including close sequence, exception reporting, and open interface handling

Run the payables accounting process and reconcile subledger journal entries to the general ledger for a test period

Configure and run trial balance and period-end reports, then investigate and clear at least three exceptions

Set up supplier balances inquiry and reconcile an aging report to the trial balance

Configure Expenses policies, expense types, cost centers, and approval rules, then submit and approve a representative expense report

Configure corporate card programs, card transactions, and automatic card statement import, then match transactions to an expense report

Apply expense audit rules, receipt requirements, and reimbursement payment processing including payment method defaults

Configure expense accounting and verify the resulting entries post correctly to the ledger

Configure and exercise automated invoice capture and intelligent document recognition, then compare extraction accuracy against manual entry on a sample set

Enable and test supplier invoice automation features such as automatic hold release and anomaly detection, documenting the thresholds that trigger them

Set up mobile expense capture and approval, then complete an expense submission and approval from a mobile device

Configure approval workflows and reminders that use automation to route and escalate invoices and expense reports

Enable Redwood capabilities for Payables and Expenses and compare the Redwood experience against the classic pages for the same tasks

Configure Redwood personalization, saved searches, and guided processes, then document which classic tasks have a Redwood equivalent

Run a full regression pass across all seven domains in the Redwood interface and log any behavior differences

Complete timed practice sets weighted by domain percentage and review every missed item to a root cause