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Oracle 1Z1-1006 certification exam covers a wide range of topics related to the Oracle Financials Cloud Receivables 2018 system. These include the system’s architecture, capabilities for creating and managing invoices, customer management tools, payment processing and management features, and credit management capabilities. Candidates must demonstrate their understanding of each of these topics to pass the exam and earn certification.

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Oracle 1Z1-1006 certification exam is an excellent opportunity for individuals who want to demonstrate their expertise in Oracle Financials Cloud: Receivables 2018. It is a challenging exam that requires candidates to have a solid understanding of the application's features and functionalities, as well as the ability to configure and customize the application to meet specific business needs.

Reference: https://education.oracle.com/oracle-financials-cloud-receivables-cloud-2018-implementation-essentials/pexam_1Z0-1006

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Upon passing the Oracle 1Z1-1006 Exam, you will hold the Oracle Financials Cloud: Receivables 2018 Implementation Essentials Certification. Oracle Financials Cloud: Receivables 2018 Implementation Essentials certification will validate you as a professional who has expertise and knowledge in implementing the Oracle Financials Cloud system for your organization. Oracle Financials Cloud: Receivables 2018 Implementation Essentials certification will provide you with a competitive edge in the job market and increase your prospects for career advancement.

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Oracle 1Z1-1006 Exam Syllabus Topics:

SectionObjectives
Topic 1: Receivables Setup and Configuration- Customer Account Setup and Management
- Receivables System Options and Configuration
- Enterprise Structures and Business Units Setup
Topic 2: Reporting and Period Close- Period Close Activities
- Receivables Reporting
Topic 3: Accounting and Integration- General Ledger Posting
- Subledger Accounting (SLA) Integration
Topic 4: Collections and Credit Management- Credit Management Rules
- Dunning and Collections Workflows
Topic 5: Receipts and Cash Management- Lockbox Processing
- Receipt Creation and Application
- Bank Reconciliation
Topic 6: Transaction Processing- Transaction Adjustments and Corrections
- AutoInvoice Processing
- Invoices and Credit Memos

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