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Oracle 1Z0-1056-21 Exam Braindumps - in .pdf Free Demo

  • Exam Code: 1Z0-1056-21
  • Exam Name: Oracle Financials Cloud: Receivables 2021 Implementation Essentials
  • , Last Updated: Jul 30, 2026
  • Q & A: 156 Questions and Answers
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  • Exam Code: 1Z0-1056-21
  • Exam Name: Oracle Financials Cloud: Receivables 2021 Implementation Essentials
  • , Last Updated: Jul 30, 2026
  • Q & A: 156 Questions and Answers
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Oracle 1Z0-1056-21 exam consists of 60 multiple-choice questions that are designed to test your knowledge of Oracle Financials Cloud: Receivables features and functionality. 1Z0-1056-21 exam covers a range of topics, including the setup and configuration of receivables, customer management, billing and invoicing, payments and collections, and reporting.

Oracle Financials Cloud is a comprehensive suite of financial management applications, which includes receivables management, accounting, and other financial operations. The 1Z0-1056-21 exam focuses specifically on the receivables management module, which is a critical component of any financial management system. Professionals who successfully pass 1Z0-1056-21 exam are equipped with the skills and knowledge required to effectively manage receivables in Oracle Financials Cloud.

Reference: https://education.oracle.com/oracle-financials-cloud-receivables-2021-implementation-essentials/pexam_1Z0-1056-21

Oracle 1Z0-1056-21 Exam Syllabus Topics:

SectionObjectives
Receivables Setup and Configuration- Enterprise Structures and Setup
  • 1. Define transaction and accounting rules
    • 2. Set up Receivables system options
      - Customer and Account Management
      • 1. Customer creation and maintenance
        • 2. Customer account site configuration
          Accounting and Close Processes- Period Close Activities
          • 1. Receivables period close process
            • 2. Reconciliation and reporting
              - Subledger Accounting
              • 1. Journal generation and transfer
                • 2. Accounting rules configuration
                  Receipts and Payments- Receipt Processing
                  • 1. Receipt application and reversal
                    • 2. Manual and automatic receipts
                      - Lockbox and Bank Integration
                      • 1. Auto-reconciliation of receipts
                        • 2. Bank file processing
                          Reporting and Compliance- Tax and Compliance
                          • 1. Tax configuration and calculation
                            • 2. Compliance reporting basics
                              - Receivables Reporting
                              • 1. Standard financial reports
                                • 2. Aging and collections reports
                                  Transaction Processing- Invoice Management
                                  • 1. Create and manage invoices
                                    • 2. Recurring and consolidated billing
                                      - Credit and Debit Transactions
                                      • 1. Transaction corrections
                                        • 2. Credit memos and adjustments

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