Oracle 1Z0-1056-20 Q&A - in .pdf

  • Exam Code: 1Z0-1056-20
  • Exam Name: Oracle Financials Cloud: Receivables 2020 Implementation Essentials
  • Q & A: 112 Questions and Answers
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  • Exam Code: 1Z0-1056-20
  • Exam Name: Oracle Financials Cloud: Receivables 2020 Implementation Essentials
  • Q & A: 112 Questions and Answers
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About Oracle 1Z0-1056-20 Exam Still Valid Dumps

To successfully pass the Oracle 1Z0-1056-20 certification exam, candidates must demonstrate their understanding of key concepts related to the receivables module in Oracle Financials Cloud. This includes knowledge of customer setup, billing and invoicing, receipts and applications, credit management, and the use of accounting and reporting tools. Candidates must also be able to configure and customize the receivables module to meet specific business requirements.

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Oracle 1Z0-1056-20 certification exam consists of 60 multiple-choice questions that must be completed in 105 minutes. 1Z0-1056-20 exam covers a range of topics related to Oracle Financials Cloud: Receivables 2020 implementation, including managing customer accounts, managing transactions, managing revenue recognition, and managing collections. Candidates must have a strong understanding of these topics and be able to demonstrate their ability to apply this knowledge in a real-world setting.

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Oracle 1Z0-1056-20 exam is specifically designed for professionals who are looking to enhance their career in the field of finance and accounting. 1Z0-1056-20 exam is a part of the Oracle Financials Cloud: Receivables 2020 Implementation Essentials certification program. Oracle Financials Cloud: Receivables 2020 Implementation Essentials certification program is designed to validate the skills and knowledge required to implement and configure the Oracle Financials Cloud: Receivables application.

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Reference: https://education.oracle.com/oracle-financials-cloud-receivables-2020-implementation-essentials/pexam_1Z0-1056-20

Oracle 1Z0-1056-20 Exam Syllabus Topics:

SectionWeightObjectives
Transactions & Billing20%- Billing Processing
  • 1. Manage Revenue Recognition
    • 2. Process Billing Transactions
      • 3. Describe Invoice Print & Presentment
        - Transaction Configuration
        • 1. Calculate Transactional Tax
          • 2. Set Up Items & Memo Lines
            • 3. Define Transaction Types & Sources
              Collections & Credit Management20%- Collections Configuration
              • 1. Deploy Delinquency & Collection Strategies
                • 2. Use Collection Work Area
                  • 3. Manage Disputes & Correspondence
                    - Adjustments & Write-Offs
                    • 1. Define Approval Limits
                      • 2. Process Adjustments & Credit Memos
                        • 3. Perform Write-Offs & Late Charges
                          Reporting & Period Close10%- Period End Procedures
                          • 1. Close Accounting Periods
                            • 2. Complete Receivables to Ledger Reconciliation
                              - Reporting Tools
                              • 1. Use OTBI & BIP Reports
                                • 2. Analyze Receivables Balances
                                  Receipts & Cash Management25%- Receipt Processing
                                  • 1. Implement Manual & Automatic Receipts
                                    • 2. Manage Customer Refunds
                                      • 3. Apply Receipts & Handle Exceptions
                                        - Advanced Receipt Functions
                                        • 1. Configure Lockbox & Bank Integration
                                          • 2. Perform Intercompany Reconciliation
                                            • 3. Process Bills Receivable
                                              Receivables Foundation & Setup25%- Customer Management
                                              • 1. Configure Customer Accounts
                                                • 2. Set Up Customer Self-Service
                                                  • 3. Import Customer Data
                                                    - Rapid Implementation Configuration
                                                    • 1. Manage Reference Data Sets
                                                      • 2. Define System Options
                                                        • 3. Configure AutoAccounting

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