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: Nov 03, 2026
  • Q & A: 112 Questions and Answers

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About Oracle 1Z0-1056-20 Exam Questions

Learn about the passing score, duration, and question for the Oracle 1Z0-1056-20

  • Exam Format: Multiple choice
  • Languages: English
  • Duration Exam: 85 minutes
  • No. of questions: 55 questions
  • Passing score: 64%

What are the steps to follow for the registration of Oracle 1Z0-1056-20 Exam Certification?

  • There are four steps to register 1Z0-1056-20 exam.

  • Visit the official website of 1Z0-1056

  • -Fill in all the information required by the website. Then click on the submit button. Finally, wait for your 1Z0-1056-20 exam information.

  • You can find the link on the homepage of the 1Z0-1056.

  • You have to fill in all the information required. Then you have to click on the submit button. You will get a registration form with some questions. Please answer them truthfully and correctly. Then you

Reference: https://education.oracle.com/oracle-financials-cloud-receivables-2020-implementation-essentials/pexam_1Z0-1056-20

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Oracle 1Z0-1056-20 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Receivables Foundation & Setup25%- Customer Management
  • 1. Import Customer Data
    • 2. Configure Customer Accounts
      • 3. Set Up Customer Self-Service
        - Rapid Implementation Configuration
        • 1. Manage Reference Data Sets
          • 2. Configure AutoAccounting
            • 3. Define System Options
              Topic 2: Collections & Credit Management20%- Adjustments & Write-Offs
              • 1. Perform Write-Offs & Late Charges
                • 2. Process Adjustments & Credit Memos
                  • 3. Define Approval Limits
                    - Collections Configuration
                    • 1. Manage Disputes & Correspondence
                      • 2. Use Collection Work Area
                        • 3. Deploy Delinquency & Collection Strategies
                          Topic 3: Reporting & Period Close10%- Period End Procedures
                          • 1. Close Accounting Periods
                            • 2. Complete Receivables to Ledger Reconciliation
                              - Reporting Tools
                              • 1. Use OTBI & BIP Reports
                                • 2. Analyze Receivables Balances
                                  Topic 4: Receipts & Cash Management25%- Advanced Receipt Functions
                                  • 1. Configure Lockbox & Bank Integration
                                    • 2. Perform Intercompany Reconciliation
                                      • 3. Process Bills Receivable
                                        - Receipt Processing
                                        • 1. Apply Receipts & Handle Exceptions
                                          • 2. Manage Customer Refunds
                                            • 3. Implement Manual & Automatic Receipts
                                              Topic 5: Transactions & Billing20%- Billing Processing
                                              • 1. Manage Revenue Recognition
                                                • 2. Process Billing Transactions
                                                  • 3. Describe Invoice Print & Presentment
                                                    - Transaction Configuration
                                                    • 1. Set Up Items & Memo Lines
                                                      • 2. Calculate Transactional Tax
                                                        • 3. Define Transaction Types & Sources

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