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: Aug 18, 2026

Q & A: 112 Questions and Answers

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Oracle 1Z0-1056-20 Exam Syllabus Topics:

SectionWeightObjectives
Receivables Foundation & Setup25%- Customer Management
  • 1. Set Up Customer Self-Service
    • 2. Import Customer Data
      • 3. Configure Customer Accounts
        - Rapid Implementation Configuration
        • 1. Define System Options
          • 2. Manage Reference Data Sets
            • 3. Configure AutoAccounting
              Reporting & Period Close10%- Reporting Tools
              • 1. Use OTBI & BIP Reports
                • 2. Analyze Receivables Balances
                  - Period End Procedures
                  • 1. Complete Receivables to Ledger Reconciliation
                    • 2. Close Accounting Periods
                      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
                                  Transactions & Billing20%- Billing Processing
                                  • 1. Describe Invoice Print & Presentment
                                    • 2. Process Billing Transactions
                                      • 3. Manage Revenue Recognition
                                        - Transaction Configuration
                                        • 1. Calculate Transactional Tax
                                          • 2. Define Transaction Types & Sources
                                            • 3. Set Up Items & Memo Lines
                                              Receipts & Cash Management25%- Receipt Processing
                                              • 1. Manage Customer Refunds
                                                • 2. Implement Manual & Automatic Receipts
                                                  • 3. Apply Receipts & Handle Exceptions
                                                    - Advanced Receipt Functions
                                                    • 1. Configure Lockbox & Bank Integration
                                                      • 2. Process Bills Receivable
                                                        • 3. Perform Intercompany Reconciliation

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