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Oracle 1Z1-1006 exam is a certification exam designed for professionals who want to demonstrate their expertise in implementing Oracle Financials Cloud Receivables 2018. By passing 1Z1-1006 exam, candidates can prove their skills in implementing and configuring Oracle Financials Cloud Receivables, as well as their ability to manage customers and invoices, and set up and maintain cash management and collections.

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

Oracle 1Z1-1006 exam covers a range of topics, including the setup and configuration of Oracle Financials Cloud: Receivables 2018, customer setup and management, invoice processing, revenue recognition, and reporting. 1Z1-1006 exam consists of 80 multiple-choice questions and has a time limit of 120 minutes. Candidates need to score at least 63% to pass the exam.

Passing the Oracle 1Z1-1006 exam is a great way to demonstrate your expertise in Oracle Receivables Cloud and advance your career in finance and accounting. Oracle Financials Cloud: Receivables 2018 Implementation Essentials certification is recognized by many employers and can help you stand out in a competitive job market. Additionally, preparing for 1Z1-1006 exam can help you acquire new skills and knowledge that will be valuable in your professional development.

The Oracle 1Z1-1006 exam is intended for professionals who work with Oracle Financials Cloud Receivables as part of their job responsibilities, including implementation consultants, system administrators, and application developers. Candidates should have a solid understanding of the Oracle Financials Cloud Receivables platform and be familiar with the key features and functionalities, including customer and invoice management, cash management, and collections.

Oracle 1Z1-1006 Exam Syllabus Topics:

SectionObjectives
Collections and Credit Management- Dunning and Collections Workflows
- Credit Management Rules
Reporting and Period Close- Receivables Reporting
- Period Close Activities
Receivables Setup and Configuration- Enterprise Structures and Business Units Setup
- Receivables System Options and Configuration
- Customer Account Setup and Management
Transaction Processing- Invoices and Credit Memos
- Transaction Adjustments and Corrections
- AutoInvoice Processing
Receipts and Cash Management- Bank Reconciliation
- Lockbox Processing
- Receipt Creation and Application
Accounting and Integration- Subledger Accounting (SLA) Integration
- General Ledger Posting

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