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

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  • Updated on: Aug 23, 2026
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  • Updated on: Aug 23, 2026
  • No. of Questions: 112 Questions & 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: 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. Set Up Customer Self-Service
            • 3. Import Customer Data
              Topic 2: 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
                      Topic 3: Collections & Credit Management20%- Adjustments & Write-Offs
                      • 1. Define Approval Limits
                        • 2. Process Adjustments & Credit Memos
                          • 3. Perform Write-Offs & Late Charges
                            - Collections Configuration
                            • 1. Manage Disputes & Correspondence
                              • 2. Deploy Delinquency & Collection Strategies
                                • 3. Use Collection Work Area
                                  Topic 4: Receipts & Cash Management25%- Advanced Receipt Functions
                                  • 1. Process Bills Receivable
                                    • 2. Perform Intercompany Reconciliation
                                      • 3. Configure Lockbox & Bank Integration
                                        - Receipt Processing
                                        • 1. Manage Customer Refunds
                                          • 2. Apply Receipts & Handle Exceptions
                                            • 3. Implement Manual & Automatic Receipts
                                              Topic 5: Transactions & Billing20%- Transaction Configuration
                                              • 1. Calculate Transactional Tax
                                                • 2. Set Up Items & Memo Lines
                                                  • 3. Define Transaction Types & Sources
                                                    - Billing Processing
                                                    • 1. Manage Revenue Recognition
                                                      • 2. Describe Invoice Print & Presentment
                                                        • 3. Process Billing Transactions

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