1Z0-1056-24 | 1Z0-1056-23:Oracle Cloud Receivables 2023/2024

Mastering Accounts Receivable: A Comprehensive Guide

Customer Data Management & Setup

• Import Customer Data: Streamline your processes with efficient customer data import methods.
• Configure Customer Data: Learn to set up and manage essential customer information for accurate billing and reporting.
• Manage Reference Data Sets: Effectively utilize reference data for consistent and reliable accounts receivable operations.

Billing & Invoicing

• Bill Management: Gain control over your billing processes, from creation to delivery.
• Process Billing Transactions: Efficiently manage and process various billing transactions.
• AutoInvoice Configuration: Automate invoice generation for faster processing and reduced manual effort.
• AutoAccounting Configuration: Automate accounting entries related to accounts receivable.
• Revenue Calculation: Accurately calculate revenue based on transactional data.
• Transactional Tax Management: Manage and apply transactional taxes effectively.
• Create and Process Bills: Learn the steps involved in creating and processing customer bills.
• Self-Service Customer Billing: Implement a self-service application empowering customers to manage their billing information.
• Invoice Print and Presentment: Configure and manage invoice presentation to enhance customer experience.
• AutoInvoice Corrections: Correct and manage auto-invoiced invoices efficiently.

Collections & Delinquency Management

• Deploy a Delinquency Process: Establish a robust process for managing overdue accounts.
• Collections Strategy: Configure and implement effective collections strategies.
• Manage Dispute Handling: Learn to handle customer disputes efficiently and professionally.
• Collection Work Area Functionality: Understand and utilize the key features of the Collection Work Area.
• Collection Preferences: Customize collection preferences to align with your business needs.
• Customer Correspondence: Manage all customer communication related to collections.

Receipt & Payment Processing

• Receipt Management: Deploy and manage the entire receipt process.
• Process Bills Receivable Remittances: Efficiently process incoming payments from customers.
• Manage Customer Refunds: Handle customer refunds effectively.
• Configure Lockbox: Implement a lockbox system for streamlined payment processing.
• Automatic Receipts: Automate receipt processing for faster reconciliation.
• Process Receipt Exceptions: Manage and resolve exceptions in the receipt process.
• Automatic Funds Capture: Automate the capture of funds from receipts.

Reporting & Analytics

• Reporting Tools Design & Usage: Learn to design and utilize various reporting tools for insightful analysis.
• Oracle Transactional Business Intelligence (OTBI): Leverage OTBI for advanced reporting and data analysis.
• Business Intelligence Publisher (BIP) Reports: Utilize BIP Reports for customized report generation.
• Receivables to Ledger Reconciliation Report: Reconcile accounts receivable data with general ledger information.
• Intercompany Reconciliations: Process intercompany reconciliations for accurate financial reporting.

Advanced Configuration & Integration

• Configure Subledger Accounting: Set up subledger accounting for detailed financial tracking.
• Configure Integration with Other Applications: Integrate accounts receivable with other business systems.
• Configure Tax: Set up and manage tax configurations.
• Configure Cash Management: Manage cash flow effectively.
• Manage Transaction Types, Sources, Items & Memo Lines: Define and manage transaction elements.
• Manage Resources, Salesperson & Sales Credits: Configure resources and sales-related settings.
• Configure Receivables Using Rapid Implementation: Utilize Rapid Implementation for streamlined setup.
• Configure Customer Billing: Set up billing configurations for optimal efficiency.
• Manage Auto-Invoicing: Configure and manage automated invoicing processes.
• Manage Auto-Accounting: Configure and manage automated accounting processes.

Write-offs, Adjustments & Chargebacks

• Create Write-offs, Adjustments, Late Charges & Chargebacks: Manage and process various adjustments to accounts receivable.