Oracle 1Z1-1006 : Oracle Financials Cloud: Receivables 2018 Implementation Essentials

1Z1-1006 real exams

Exam Code: 1Z1-1006

Exam Name: Oracle Financials Cloud: Receivables 2018 Implementation Essentials

Updated: Aug 18, 2026

Q & A: 80 Questions and Answers

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Oracle 1Z1-1006 (Oracle Financials Cloud: Receivables 2018 Implementation Essentials) Certification Exam can be a valuable asset to financial professionals interested in growing their knowledge of financial cloud solutions. Oracle Financials Cloud: Receivables 2018 Implementation Essentials certification proves to employers that the holder can effectively improve their financial business operation, leading to increased productivity, efficiency, and profitability. Earning the Oracle 1Z1-1006 certification is a step towards a steady and highly rewarding career path in the field of cloud computing.

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Oracle 1Z1-1006 exam covers various topics related to the implementation of Oracle Financials Cloud: Receivables 2018, such as customer setup, billing, revenue management, collections, and accounting. It is designed to test the candidate's ability to configure, implement, and maintain the Oracle Financials Cloud: Receivables 2018 solution, as well as troubleshoot issues and provide support to end-users.

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

Oracle 1Z1-1006 Exam assesses the knowledge of the candidate in areas such as system set-up, receipt management, credit transactions, receipt accounting and reporting, and more. Passing 1Z1-1006 exam demonstrates that the candidate has the skills needed to implement Oracle Financials Cloud Receivables 2018 successfully. It is an excellent certification for anyone looking to showcase their ability to manage the financial aspects of a company through Oracle's cloud-based financial management software. Anyone with experience working with Oracle applications in the finance sector and seeking to upgrade their skills, 1Z1-1006 exam will add value to their portfolio.

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Oracle 1Z1-1006 exam consists of 80 questions and has a time limit of 120 minutes. 1Z1-1006 exam covers a range of topics that include preparing customer accounts, creating and reviewing invoices, setting up payment terms, managing customer payments, creating and adjusting transactions, managing credit and collections, and reconciling accounts. To pass the exam, individuals must score at least 68% on the test, which is a challenging task that requires a thorough understanding of the Oracle Financials Cloud Receivables 2018 module.

Oracle 1Z1-1006 Exam Syllabus Topics:

SectionWeightObjectives
Receivables Overview and Enterprise Structure10%- Receivables Fundamentals
  • 1. Receivables Integration Overview
  • 2. Enterprise Structure and Business Units
  • 3. Oracle Financials Cloud Architecture
Customer and Account Management15%- Customer Data Management
  • 1. Customer Accounts
  • 2. Customer Account Sites
  • 3. Customer Profiles
  • 4. Credit Management Basics
Reporting and Integration5%- Reporting Features
  • 1. OTBI and BI Publisher Reports
  • 2. Integration with General Ledger
  • 3. Receivables Reporting
Accounting and Period Close10%- Accounting Processes
  • 1. Create Accounting Process
  • 2. Reconciliation and Reporting
  • 3. Subledger Accounting
  • 4. Period Close Activities
Receipts and Collections15%- Receipt Processing
  • 1. Collections Management
  • 2. Manual Receipts
  • 3. Automatic Receipts
  • 4. Receipt Application
  • 5. Lockbox Processing
Receivables Configuration25%- Core Setup
  • 1. Transaction Types
  • 2. Receivables System Options
  • 3. Receivables Activities
  • 4. Payment Terms
  • 5. Statement and Dunning Configuration
Transactions Processing20%- Receivables Transactions
  • 1. Credit Memos
  • 2. Debit Memos
  • 3. Adjustments
  • 4. Transaction Completion and Accounting
  • 5. Invoices

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