Oracle 1Z0-1056-20 : Oracle Financials Cloud: Receivables 2020 Implementation Essentials

  • Exam Code: 1Z0-1056-20
  • Exam Name: Oracle Financials Cloud: Receivables 2020 Implementation Essentials
  • Updated: Jul 31, 2026     Q & A: 112 Questions and Answers

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About Prep4sures Oracle 1Z0-1056-20 Exam

Learn about the passing score, duration, and question for the Oracle 1Z0-1056-20

  • No. of questions: 55 questions
  • Passing score: 64%
  • Exam Format: Multiple choice
  • Duration Exam: 85 minutes
  • Languages: English

For more info read reference:

Oracle 1Z0-1056-20 Certification Exam

Reference: https://education.oracle.com/oracle-financials-cloud-receivables-2020-implementation-essentials/pexam_1Z0-1056-20

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Oracle 1Z0-1056-20 Exam Syllabus Topics:

SectionWeightObjectives
Receipts & Cash Management25%- Advanced Receipt Functions
  • 1. Process Bills Receivable
    • 2. Configure Lockbox & Bank Integration
      • 3. Perform Intercompany Reconciliation
        - Receipt Processing
        • 1. Implement Manual & Automatic Receipts
          • 2. Manage Customer Refunds
            • 3. Apply Receipts & Handle Exceptions
              Transactions & Billing20%- Transaction Configuration
              • 1. Calculate Transactional Tax
                • 2. Set Up Items & Memo Lines
                  • 3. Define Transaction Types & Sources
                    - Billing Processing
                    • 1. Process Billing Transactions
                      • 2. Manage Revenue Recognition
                        • 3. Describe Invoice Print & Presentment
                          Collections & Credit Management20%- Collections Configuration
                          • 1. Manage Disputes & Correspondence
                            • 2. Use Collection Work Area
                              • 3. Deploy Delinquency & Collection Strategies
                                - Adjustments & Write-Offs
                                • 1. Perform Write-Offs & Late Charges
                                  • 2. Define Approval Limits
                                    • 3. Process Adjustments & Credit Memos
                                      Receivables Foundation & Setup25%- Rapid Implementation Configuration
                                      • 1. Define System Options
                                        • 2. Manage Reference Data Sets
                                          • 3. Configure AutoAccounting
                                            - Customer Management
                                            • 1. Set Up Customer Self-Service
                                              • 2. Configure Customer Accounts
                                                • 3. Import Customer Data
                                                  Reporting & Period Close10%- Period End Procedures
                                                  • 1. Close Accounting Periods
                                                    • 2. Complete Receivables to Ledger Reconciliation
                                                      - Reporting Tools
                                                      • 1. Analyze Receivables Balances
                                                        • 2. Use OTBI & BIP Reports

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