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

1Z0-1056-20
  • Exam Code: 1Z0-1056-20
  • Exam Name: Oracle Financials Cloud: Receivables 2020 Implementation Essentials
  • Updated: Aug 01, 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
Reporting & Period Close10%- Period End Procedures
  • 1. Close Accounting Periods
    • 2. Complete Receivables to Ledger Reconciliation
      - Reporting Tools
      • 1. Use OTBI & BIP Reports
        • 2. Analyze Receivables Balances
          Receivables Foundation & Setup25%- Customer Management
          • 1. Import Customer Data
            • 2. Set Up Customer Self-Service
              • 3. Configure Customer Accounts
                - Rapid Implementation Configuration
                • 1. Define System Options
                  • 2. Manage Reference Data Sets
                    • 3. Configure AutoAccounting
                      Transactions & Billing20%- Billing Processing
                      • 1. Manage Revenue Recognition
                        • 2. Process Billing Transactions
                          • 3. Describe Invoice Print & Presentment
                            - Transaction Configuration
                            • 1. Set Up Items & Memo Lines
                              • 2. Calculate Transactional Tax
                                • 3. Define Transaction Types & Sources
                                  Collections & Credit Management20%- Adjustments & Write-Offs
                                  • 1. Define Approval Limits
                                    • 2. Process Adjustments & Credit Memos
                                      • 3. Perform Write-Offs & Late Charges
                                        - Collections Configuration
                                        • 1. Deploy Delinquency & Collection Strategies
                                          • 2. Manage Disputes & Correspondence
                                            • 3. Use Collection Work Area
                                              Receipts & Cash Management25%- Receipt Processing
                                              • 1. Implement Manual & Automatic Receipts
                                                • 2. Apply Receipts & Handle Exceptions
                                                  • 3. Manage Customer Refunds
                                                    - Advanced Receipt Functions
                                                    • 1. Process Bills Receivable
                                                      • 2. Perform Intercompany Reconciliation
                                                        • 3. Configure Lockbox & Bank Integration

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