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Oracle Revenue Management Cloud Service is a powerful tool that helps organizations manage their revenue streams efficiently. It provides a comprehensive solution for managing revenue recognition, revenue accounting, and revenue forecasting. This cloud service is widely used by organizations around the world, and the demand for professionals who can implement it is high.

Oracle 1Z0-1059-21 certification exam is a valuable certification for professionals who work in revenue management, finance, and consulting. Oracle Revenue Management Cloud Service 2021 Implementation Essentials certification validates your skills and knowledge in implementing and configuring Oracle Revenue Management Cloud Service solutions. Whether you are looking to advance your career or demonstrate your expertise to potential clients, the Oracle 1Z0-1059-21 certification can help you achieve your goals.

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Oracle 1Z0-1059-21 certification exam is based on the latest version of the Oracle Revenue Management Cloud Service 2021 and its associated features. 1Z0-1059-21 exam tests your understanding of various concepts, including revenue management, billing and invoicing, revenue recognition, and other advanced features of the Oracle Revenue Management Cloud Service. Oracle Revenue Management Cloud Service 2021 Implementation Essentials certification exam consists of multiple-choice questions and requires a score of 70% or higher to pass.

Reference: https://education.oracle.com/oracle-revenue-management-cloud-service-2021-implementation-essentials/pexam_1Z0-1059-21

Oracle 1Z0-1059-21 Exam Syllabus Topics:

SectionObjectives
Setup and Configuration- Performance obligation identification rules
- Revenue Management system options
- Contract identification rules
Standalone Selling Price (SSP)- SSP derivation methods
- Revenue price profiles
Revenue Management Overview- Revenue recognition principles (ASC 606 / IFRS 15)
- Revenue Management architecture and integration
Accounting and Reporting- Revenue recognition and journal creation
- Reporting and reconciliation
- Subledger Accounting integration
Revenue Contracts Processing- Allocation of transaction price
- Performance obligations and satisfaction rules
- Contract import and source document processing

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