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

  • Exam Code: 1Z0-1056-20
  • Exam Name: Oracle Financials Cloud: Receivables 2020 Implementation Essentials
  • Updated: Aug 13, 2026
  • Q & A: 112 Questions and Answers

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Certification Topics of Oracle 1Z0-1056-20 Exam

  • Receipts Management

  • Billing

  • Reporting

  • Receivables

  • Collections

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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
Receivables Foundation & Setup25%- Customer Management
  • 1. Set Up Customer Self-Service
    • 2. Configure Customer Accounts
      • 3. Import Customer Data
        - Rapid Implementation Configuration
        • 1. Configure AutoAccounting
          • 2. Define System Options
            • 3. Manage Reference Data Sets
              Transactions & Billing20%- Billing Processing
              • 1. Process Billing Transactions
                • 2. Describe Invoice Print & Presentment
                  • 3. Manage Revenue Recognition
                    - Transaction Configuration
                    • 1. Set Up Items & Memo Lines
                      • 2. Calculate Transactional Tax
                        • 3. Define Transaction Types & Sources
                          Receipts & Cash Management25%- Advanced Receipt Functions
                          • 1. Perform Intercompany Reconciliation
                            • 2. Process Bills Receivable
                              • 3. Configure Lockbox & Bank Integration
                                - Receipt Processing
                                • 1. Manage Customer Refunds
                                  • 2. Apply Receipts & Handle Exceptions
                                    • 3. Implement Manual & Automatic Receipts
                                      Collections & Credit Management20%- Collections Configuration
                                      • 1. Deploy Delinquency & Collection Strategies
                                        • 2. Manage Disputes & Correspondence
                                          • 3. Use Collection Work Area
                                            - Adjustments & Write-Offs
                                            • 1. Define Approval Limits
                                              • 2. Process Adjustments & Credit Memos
                                                • 3. Perform Write-Offs & Late Charges
                                                  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

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