Oracle 1Z0-1056-20 Exam : Oracle Financials Cloud: Receivables 2020 Implementation Essentials

  • Exam Code: 1Z0-1056-20
  • Exam Name: Oracle Financials Cloud: Receivables 2020 Implementation Essentials
  • Updated: Aug 27, 2026
  • Q & A: 112 Questions and Answers

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

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