Oracle Financials Cloud: Receivables 2018 Implementation Essentials: 1Z1-1006 Exam


"Oracle Financials Cloud: Receivables 2018 Implementation Essentials", also known as 1Z1-1006 exam, is a Oracle Certification. With the complete collection of questions and answers, PrepAwayTest has assembled to take you through 80 Q&As to your 1Z1-1006 Exam preparation. In the 1Z1-1006 exam resources, you will cover every field and category in Oracle Financials Cloud Certification helping to ready you for your successful Oracle Certification.

  • Exam Code: 1Z1-1006
  • Exam Name: Oracle Financials Cloud: Receivables 2018 Implementation Essentials
  • Total Questions: 80

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The Oracle 1Z1-1006 exam measures the candidate’s knowledge and skills in implementing the Receivables area of the Oracle Financials Cloud solution. 1Z1-1006 exam validates the candidate’s understanding of the Receivables implementation process, solution configuration, management of transactions, processing receipts, creating invoices, and managing collections. Furthermore, the exam confirms the candidate’s ability to troubleshoot and resolve implementation issues related to Receivables in the Oracle Financials Cloud solution.

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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.

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

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Oracle 1Z1-1006 (Oracle Financials Cloud: Receivables 2018 Implementation Essentials) Certification Exam is significant for individuals with experience in implementing financial systems and who specialize in accounts receivable management. Oracle Financials Cloud: Receivables 2018 Implementation Essentials certification exam prepares individuals for various job roles like Financial Analyst, Finance Manager, Accounts Receivable Clerk, and Accounting Specialist in companies that utilize Oracle Financials Cloud – Receivables as their financial management system. 1Z1-1006 exam certifies that the individual has gained proficiency in various aspects of receivables management and can contribute to the organization's financial stability.

Oracle 1Z1-1006 Exam Syllabus Topics:

SectionWeightObjectives
Receipts and Collections15%- Receipt Processing
  • 1. Collections Management
  • 2. Receipt Application
  • 3. Manual Receipts
  • 4. Lockbox Processing
  • 5. Automatic Receipts
Receivables Overview and Enterprise Structure10%- Receivables Fundamentals
  • 1. Receivables Integration Overview
  • 2. Enterprise Structure and Business Units
  • 3. Oracle Financials Cloud Architecture
Transactions Processing20%- Receivables Transactions
  • 1. Adjustments
  • 2. Debit Memos
  • 3. Credit Memos
  • 4. Invoices
  • 5. Transaction Completion and Accounting
Receivables Configuration25%- Core Setup
  • 1. Receivables Activities
  • 2. Receivables System Options
  • 3. Payment Terms
  • 4. Statement and Dunning Configuration
  • 5. Transaction Types
Customer and Account Management15%- Customer Data Management
  • 1. Customer Account Sites
  • 2. Credit Management Basics
  • 3. Customer Accounts
  • 4. Customer Profiles
Accounting and Period Close10%- Accounting Processes
  • 1. Create Accounting Process
  • 2. Period Close Activities
  • 3. Subledger Accounting
  • 4. Reconciliation and Reporting
Reporting and Integration5%- Reporting Features
  • 1. Integration with General Ledger
  • 2. Receivables Reporting
  • 3. OTBI and BI Publisher Reports

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