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Oracle 1Z1-1006 exam is an essential certification for professionals who want to specialize in Oracle Financials Cloud: Receivables 2018 Implementation Essentials. Oracle Financials Cloud: Receivables 2018 Implementation Essentials certification can help professionals to demonstrate their expertise in implementing and managing Oracle Financials Cloud: Receivables 2018 and enhance their career prospects. 1Z1-1006 exam covers a range of topics, including the setup and configuration of Oracle Financials Cloud: Receivables 2018, customer setup and management, invoice processing, revenue recognition, and reporting.

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Oracle Financials Cloud: Receivables 2018 Implementation Essentials certification exam, also known as the Oracle 1Z1-1006 exam, is designed for professionals who want to be recognized as experts in Oracle Financials Cloud: Receivables 2018 implementation. 1Z1-1006 exam is intended for individuals who have a strong understanding of the Receivables module along with the best practices and implementation strategies used in Oracle applications. By passing the 1Z1-1006 exam, professionals can demonstrate their expertise in optimizing receivables processes and improving cash flow management, which many organizations value highly.

Oracle 1Z1-1006 certification exam is a comprehensive examination that covers a range of topics related to Oracle Financials Cloud: Receivables. These topics include the setup and configuration of the application, the management of customer accounts, the management of invoices and payments, the management of collections and disputes, and the integration of the application with other Oracle Cloud applications. 1Z1-1006 exam also covers topics related to security, reporting, and analytics.

Reference: https://education.oracle.com/oracle-financials-cloud-receivables-cloud-2018-implementation-essentials/pexam_1Z0-1006

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Oracle 1Z1-1006 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Transaction Processing20%- Describe invoice print and presentment
- Explain Autoinvoice functionality and accounting
- Process invoices, credit memos, and adjustments
Topic 2: Collections & Disputes15%- Manage disputes and customer correspondence
- Deploy delinquency processes
- Configure and run collection strategies
Topic 3: Revenue Management5%- Process bills receivable and revenue accounting
- Explain performance obligations and SSP
Topic 4: Receipts & Reconciliation15%- Perform receivables to ledger reconciliation
- Manage customer refunds and chargebacks
- Deploy receipt processing and applications
Topic 5: Customer Management15%- Manage customers and accounts receivable relationships
- Utilize customer data import processes
Topic 6: Reporting & Analytics10%- Analyze receivables information
- Use Receivables Balances and Billing work areas
- Generate BIP and OTBI reports
Topic 7: Receivables Configuration & Setup20%- Set up transaction types and sources
- Manage reference data sets
- Configure subledger accounting

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