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

1Z0-1056-20 real exams

Exam Code: 1Z0-1056-20

Exam Name: Oracle Financials Cloud: Receivables 2020 Implementation Essentials

Updated: Jul 26, 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

Oracle 1Z0-1056-20 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Collections & Credit Management20%- Adjustments & Write-Offs
  • 1. Perform Write-Offs & Late Charges
    • 2. Define Approval Limits
      • 3. Process Adjustments & Credit Memos
        - Collections Configuration
        • 1. Deploy Delinquency & Collection Strategies
          • 2. Use Collection Work Area
            • 3. Manage Disputes & Correspondence
              Topic 2: 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. Perform Intercompany Reconciliation
                        • 3. Configure Lockbox & Bank Integration
                          Topic 3: Reporting & Period Close10%- Period End Procedures
                          • 1. Close Accounting Periods
                            • 2. Complete Receivables to Ledger Reconciliation
                              - Reporting Tools
                              • 1. Analyze Receivables Balances
                                • 2. Use OTBI & BIP Reports
                                  Topic 4: Transactions & Billing20%- Billing Processing
                                  • 1. Process Billing Transactions
                                    • 2. Manage Revenue Recognition
                                      • 3. Describe Invoice Print & Presentment
                                        - Transaction Configuration
                                        • 1. Define Transaction Types & Sources
                                          • 2. Calculate Transactional Tax
                                            • 3. Set Up Items & Memo Lines
                                              Topic 5: Receivables Foundation & Setup25%- Rapid Implementation Configuration
                                              • 1. Define System Options
                                                • 2. Configure AutoAccounting
                                                  • 3. Manage Reference Data Sets
                                                    - Customer Management
                                                    • 1. Configure Customer Accounts
                                                      • 2. Import Customer Data
                                                        • 3. Set Up Customer Self-Service

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