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Certification Topics of Oracle 1Z0-1056-20 Exam

  • Collections

  • Billing

  • Reporting

  • Receivables

  • Receipts Management

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

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Oracle 1Z0-1056-20 Exam Syllabus Topics:

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

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