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

1Z1-1006 real exams

Exam Code: 1Z1-1006

Exam Name: Oracle Financials Cloud: Receivables 2018 Implementation Essentials

Updated: Oct 02, 2026

Q & A: 80 Questions and Answers

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Oracle 1Z1-1006 exam is conducted by Oracle, which is one of the leading technology companies in the world. 1Z1-1006 exam tests the skills of the candidates in the field of financial management and validates their proficiency in implementing the Oracle Financials Cloud Receivables 2018 module. 1Z1-1006 exam is designed to provide a detailed understanding of the principles and concepts of Oracle Financials Cloud and helps the professionals in enhancing their career in this field.

Oracle 1Z1-1006 exam is designed for professionals who are responsible for implementing and configuring Oracle Financials Cloud: Receivables 2018. 1Z1-1006 exam tests the skills and knowledge required to successfully implement Oracle Receivables, including setting up customer accounts, managing customer invoices, and processing payments. Passing 1Z1-1006 exam demonstrates that a professional has a strong understanding of Oracle Receivables and is capable of implementing it effectively.

Oracle 1Z1-1006 certification is ideal for individuals with 3-5 years of experience in accounting, finance, or information technology. 1Z1-1006 exam is challenging, and candidates must demonstrate their ability to demonstrate their skills in preparing and processing cash receipts, cross-functional areas including invoicing, setup steps, cash applications and management, and creating and submitting reports. A candidate's ability to implement automation of routine tasks and implement best practices in management will set them apart from their peers in the finance industry. Certified professionals hold an upper hand while applying for roles such as Oracle Financials Developer, Systems Analyst, Accounting Analyst, and Financial Analyst positions.

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

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The Oracle 1Z1-1006 exam is intended for professionals who have experience with Oracle Financials Cloud and are looking to expand their knowledge of the Receivables module. 1Z1-1006 exam covers a wide range of topics such as setting up customers and customer accounts, managing transactions, implementing collections and disputes management, and generating reports.

Oracle 1Z1-1006 Exam Syllabus Topics:

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

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