1Z0-1056-23 Exam Questions Complete Training Course 2023

Achieve Oracle Financials Cloud: Receivables 2023 Certification

The Oracle Financials Cloud: Receivables 2023 Certified Implementation Professional (1Z0-1056-23) certification validates your expertise in implementing Oracle Cloud Financials Receivables. This hands-on, performance-based certification requires passing individual sections to earn the credential.

What You'll Learn:

This certification demonstrates proficiency in key areas, enabling you to:

• Configure Receivables: Set up and customize the Receivables module.
• Manage Customer Billing: Handle customer billing processes effectively.
• Process Customer Payments: Manage customer receipts and payment methods.
• Manage Bills: Create, process, and manage customer bills.
• Reporting: Generate insightful reports using tools like OTBI and BIP.
• Advanced Collections: Configure and manage advanced collections strategies.

Certification Maintenance:

Maintain your Oracle Financials Cloud: Receivables 2023 certification with a shorter Delta exam.

Become a Certified Financials - Receivables and Collections Implementer:

An Oracle Financials Cloud: Receivables and Collections 1Z0-1056-23 certification provides a strong foundation for implementing and supporting Financial Cloud: Receivables and Collections solutions.

Key Topics Covered:

• Configuring Common Receivables:
  • Rapid Implementation Configuration
  • General Receivables Configuration
  • Tax Configuration
  • Sub Ledger Accounting Configuration
  • Customer Configuration & Import
  • Cash Management Configuration
  • Integration with Other Applications
• Configuring Customer Billing:
  • AutoInvoicing Management
  • AutoAccounting Management
  • Transaction Type, Source, Item, and Memo Line Management
  • Resource, Salesperson, Sales Credits, and Salesperson Account Reference Management
  • Revenue for Receivables Configuration
• Configuring Customer Payments:
  • Customer Receipts Management
  • Lockbox Management
  • Automatic Receipts and Funds Capture
• Managing Customer Billing:
  • Transaction Creation and Processing
  • AutoInvoice Correction Management
  • AutoInvoice Process Management
  • Transactional Tax Calculation
  • Transaction Printing Management
• Processing Customer Payments:
  • Receipt Creation and Processing
  • Bill, Receivables Remittance Creation and Processing
  • Receipt Exception Management
• Configuring Bill Management:
  • Oracle Bill Management Configuration and Usage
• Reporting for Account Receivables & Advanced Collections:
  • Reporting with Oracle Transactional Business Intelligence (OTBI)
  • Reporting with Business Intelligence Publisher (BIP)
  • Account Receivables Reconciliation Management
• Configuring and Using Advanced Collections:
  • Advanced Collections Configuration
  • Scoring Strategy Design and Usage
  • Collections Work Management

Preparation Resources:

Combine Oracle training, hands-on experience (labs and/or field work), and the learning subscription for optimal preparation to pass the 1Z0-1056-23 exam.