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Oracle 1Z1-1006 exam is one of the most sought-after certifications for professionals who want to specialize in Oracle Financials Cloud: Receivables 2018 Implementation Essentials. 1Z1-1006 exam is designed to test the candidates’ knowledge and skills in implementing and managing Oracle Financials Cloud: Receivables 2018. 1Z1-1006 exam is intended for professionals who have experience in implementing and supporting Oracle Financials Cloud: Receivables 2018.

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

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 Overview:

Certification Vendor:Oracle
Exam Name:Oracle Financials Cloud: Receivables 2018 Implementation Essentials
Exam Number:1Z0-1006
Passing Score:68%
Available Languages:English
Certificate Validity Period:Oracle certification program policy applies; no fixed expiration period published for this credential
Exam Format:Multiple Choice, Multiple Response
Real Exam Qty:70
Exam Price:USD 245
Exam Duration:120 minutes
Related Certifications:Oracle Financials Cloud Receivables 2018 Certified Implementation Specialist
Sample Questions:Oracle 1Z1-1006 Sample Questions
Exam Way:Pearson VUE testing center or Oracle online proctored exam delivery, subject to regional availability.
Pre Condition:No mandatory prerequisite exam. Oracle recommends hands-on experience with Oracle Financials Cloud Receivables implementation and configuration.
Official Syllabus URL:https://education.oracle.com/oracle-financials-cloud-receivables-2018-implementation-essentials/pexam_1Z0-1006

Oracle 1Z1-1006 exam offers a variety of benefits to the candidates who want to enhance their career in the domain of finance. 1Z1-1006 exam is designed to provide the candidates with a detailed understanding of the concepts and principles of Oracle Financials Cloud. Oracle Financials Cloud: Receivables 2018 Implementation Essentials certification offered by the exam is globally recognized and helps the candidates to showcase their expertise in financial management.

Oracle 1Z1-1006 exam, also known as the Oracle Financials Cloud: Receivables 2018 Implementation Essentials exam, is designed to assess the knowledge and skills of individuals who want to become certified experts in Oracle Receivables Cloud. 1Z1-1006 exam covers various topics related to Oracle Financials Cloud, including managing customers and their accounts, creating invoices, processing payments and receipts, managing revenue, and analyzing receivables data.

Oracle 1Z1-1006 Exam Syllabus Topics:

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

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