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The Oracle 1Z1-1006 exam consists of 70 multiple-choice questions that must be completed within 120 minutes. The questions are based on a variety of real-world scenarios and require candidates to demonstrate their understanding of the Oracle Financial Cloud Receivables application, as well as their ability to configure and implement it in a business environment. Candidates who pass 1Z1-1006 exam will have demonstrated their ability to effectively manage the financial aspects of their organization using the Oracle Financial Cloud Receivables application.
Reference: https://education.oracle.com/oracle-financials-cloud-receivables-cloud-2018-implementation-essentials/pexam_1Z0-1006
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Oracle 1Z1-1006 exam consists of 75 multiple-choice questions and has a total duration of 105 minutes. 1Z1-1006 exam covers a wide range of topics, including the setup and configuration of Receivables, managing customer accounts, creating invoices and credit memos, applying payments and managing receipts, and managing disputes and collections. To pass the exam, candidates must achieve a score of 64% or higher.
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Oracle Financials Cloud: Receivables 2018 Implementation Essentials exam is designed for professionals who would like to gain expertise in Oracle Financials Cloud Receivables. 1Z1-1006 exam is intended for professionals who have experience in implementing, configuring and managing the Oracle Financials Cloud Receivables solutions. They should have hands-on experience in implementing the Receivables, creating customer accounts, managing transactions, processing receipts, creating invoices, and managing collections.
Oracle 1Z1-1006 Exam Syllabus Topics:
| Section | Weight | Objectives |
| Topic 1: Receivables Overview and Enterprise Structure | 10% | - Receivables Fundamentals
- 1. Receivables Integration Overview
- 2. Oracle Financials Cloud Architecture
- 3. Enterprise Structure and Business Units
|
| Topic 2: Receivables Configuration | 25% | - Core Setup
- 1. Transaction Types
- 2. Receivables System Options
- 3. Receivables Activities
- 4. Payment Terms
- 5. Statement and Dunning Configuration
|
| Topic 3: Accounting and Period Close | 10% | - Accounting Processes
- 1. Subledger Accounting
- 2. Reconciliation and Reporting
- 3. Create Accounting Process
- 4. Period Close Activities
|
| Topic 4: Customer and Account Management | 15% | - Customer Data Management
- 1. Customer Profiles
- 2. Customer Accounts
- 3. Customer Account Sites
- 4. Credit Management Basics
|
| Topic 5: Receipts and Collections | 15% | - Receipt Processing
- 1. Collections Management
- 2. Automatic Receipts
- 3. Receipt Application
- 4. Lockbox Processing
- 5. Manual Receipts
|
| Topic 6: Reporting and Integration | 5% | - Reporting Features
- 1. Receivables Reporting
- 2. OTBI and BI Publisher Reports
- 3. Integration with General Ledger
|
| Topic 7: Transactions Processing | 20% | - Receivables Transactions
- 1. Transaction Completion and Accounting
- 2. Credit Memos
- 3. Invoices
- 4. Debit Memos
- 5. Adjustments
|