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: Oct 15, 2026
  • Q & A: 112 Questions and Answers

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Oracle 1Z0-1056-20 exam is the new version of the 1Z0-1056 exam. The 1Z0-1056-20 exam focuses on database fundamentals and architecture. It also covers the core database products such as SQL, PL/SQL, and the Oracle Database Cloud Service. The 1Z0-1056-20 exam is a very important part of the Oracle Database Certification and will help you pass the 1Z0-1056 exam with flying colors.

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Oracle 1Z0-1056-20 Exam Syllabus Topics:

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

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