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Oracle Revenue Management Cloud Service is a cloud-based solution that provides businesses with the ability to manage revenue, contracts, and billing. Oracle Revenue Management Cloud Service 2022 Implementation Professional certification exam covers a wide range of topics, including revenue management architecture, revenue forecasting, contract management, and billing. 1z0-1059-22 exam also covers the implementation of revenue management solutions using Oracle Revenue Management Cloud Service.

The Oracle 1z0-1059-22 exam covers various topics related to Oracle Revenue Management Cloud Service, such as configuring Revenue Management, managing transactions, processing data, managing accounting rules, and creating reports. 1z0-1059-22 exam also covers the integration of Oracle Revenue Management Cloud Service with other Oracle Cloud services.

Reference: https://education.oracle.com/oracle-revenue-management-cloud-service-2022-implementation-professional/pexam_1Z0-1059-22

Oracle 1z0-1059-22 Exam Syllabus Topics:

SectionObjectives
Source Document Processing- Data Loading and Validation
  • 1. Importing source documents
  • 2. Source document lifecycle
  • 3. Data validation and error handling
  • 4. FBDI template usage
Revenue Management Overview- Revenue Recognition Fundamentals
  • 1. Revenue recognition principles under ASC 606
  • 2. Revenue Management integrations
  • 3. Revenue Management architecture
  • 4. Revenue recognition principles under IFRS 15
Configuring and Managing Standalone Selling Prices- Standalone Selling Price Management
  • 1. Standalone selling price profiles
  • 2. Pricing dimensions and strategies
  • 3. Price derivation and maintenance
  • 4. Standalone selling price concepts
Revenue Management User Interface- Application Navigation
  • 1. Contract review and monitoring
  • 2. Task management
  • 3. Exception management
  • 4. Revenue Management work areas
Revenue Recognition and Accounting- Revenue Processing
  • 1. Revenue allocation
  • 2. Revenue scheduling
  • 3. Revenue adjustments and reversals
  • 4. Accounting generation
Configuring Revenue Management- Application Setup
  • 1. Revenue Management processing setup
  • 2. System configuration parameters
  • 3. Source document configuration
  • 4. Revenue Management implementation options
Managing Revenue Contracts- Contract Processing
  • 1. Contract maintenance activities
  • 2. Revenue contracts and contract identification
  • 3. Contract modifications
  • 4. Performance obligations
Revenue Management Reporting- Analytics and Reporting
  • 1. OTBI reporting
  • 2. Revenue analysis dashboards
  • 3. Oracle-delivered reports
  • 4. Financial reporting capabilities

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