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To prepare for the Oracle 1Z0-1056-20 certification exam, candidates should have a solid understanding of the concepts and features of Oracle Receivables Cloud. They should also have hands-on experience working with the software and be familiar with the various tools and techniques used to configure and manage the solution. Additionally, candidates should review the exam objectives and study materials provided by Oracle to ensure they have a comprehensive understanding of the topics covered.
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Oracle 1Z0-1056-20 exam is a comprehensive exam that covers a wide range of topics related to Oracle Financials Cloud: Receivables implementation. These topics include customer setup, receivable activities, billing and invoicing, revenue management, and payment processing. 1Z0-1056-20 exam also covers topics such as revenue recognition, accounting, and reporting. Candidates must have a deep understanding of these topics to pass the exam.
| Section | Objectives |
|---|---|
| Topic 1: Collections and Aging | - Collections strategies and dunning - Aging reports and analysis |
| Topic 2: Reporting and Integration | - Integration with Oracle Financials Cloud modules - Standard receivables reporting |
| Topic 3: Transaction Processing | - Invoice creation and management - Credit memos and adjustments |
| Topic 4: Receivables Setup and Configuration | - System options and profile configurations - Receivables system implementation considerations |
| Topic 5: Customer Management | - Customer account site configuration - Customer creation and maintenance |
| Topic 6: Receipts and Cash Management | - Banking and reconciliation processes - Receipt creation and application |
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