Oracle Financials Cloud: Receivables 2024 Implementation Professional (1Z0-1056-24)

Course Description

Prepare to pass exam: Oracle Financials Cloud: Receivables 2024 Implementation Professional

Designed for implementers, technical consultants, developers, and power users who implement Financials Cloud for Oracle Receivables and Enterprise Resource Planning (ERP), this certification is for Oracle Financials Cloud: Receivables 2024 Implementation Professionals. The Receivables and Advanced Collections application can be configured and implemented by those who obtain this certification.

The Financials Cloud: Implementing Receivables 2024 A multiple-choice exam with practical problems and performance-based components is required for professional certification. The credential can only be obtained by passing each of the two sections separately.

To prepare for the Oracle Financials Cloud: Receivables 2024 Implementation Professional exam, focus on mastering key areas such as invoice management, payment processing, customer setup, and credit management within Oracle Cloud. Utilize official documentation, training courses, and practice exams to reinforce your knowledge and gain hands-on experience in managing receivables transactions and integration with other financial modules.

Exam topics covered

Managing Customer Billing

• Create and process transactions
• Manage AutoInvoice corrections
• Manage the AutoInvoice process
• Calculate transactional tax
• Manage transaction printing

Processing Customer Payments

• Create and process receipts
  
• Create and process bills receivables remittances
• Create and process receipt exceptions

Configuring Bill Management

• Configure and use Oracle Bill Management
  

Configuring Common Receivables

• Configure Receivables using Rapid Implementation
  
• Configure Receivables
• Configure Tax
• Configure Sub Ledger Accounting
• Configure and import customers
• Configure Cash Management
• Integrate Receivables with other applications

Configuring Customer Billing

• Manage AutoInvoicing    
  
• Manage AutoAccounting
• Manage transaction types, transaction sources, Items, and memo lines    
• Manage resources, salesperson, sales credits, and salesperson account references
• Configure revenue for Receivables

Configuring Customer Payments

• Configure and manage Customer Receipts
  
• Configure and manage Lockbox
• Configure and manage Automatic Receipts and Funds Capture

Reporting for Account Receivables and Advanced Collections

• Report with Oracle Transactional Business Intelligence (OTBI)
  
• Report with Business Intelligence Publisher (BIP)
• Generate account receivables reconciliation

Configuring and Using Advanced Collections

• Configure advanced collections
  
• Design and use scoring strategies
• Manage collections activities