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Oracle Financials Cloud Receivables 2017 Implementation Essentials

1Z0-962
Oracle Financials Cloud Receivables 2017 Implementation Esse
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Oracle Financials Cloud Receivables 2017 Implementation Esse

Oracle Financials Cloud Receivables 2017 Implementation Esse

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Oracle Financials Cloud Receivables 2017 Implementation Essentials

Oracle Financials Cloud Receivables 2017 Implementation Essentials – Complete Overview

Introduction / Overview

Oracle Financials Cloud Receivables 2017 Implementation Essentials is a foundational certification designed to validate knowledge of implementing and configuring Oracle Financials Cloud Receivables. This certification focuses on understanding receivables business processes, setup tasks, and operational workflows required to manage customer billing, collections, cash application, and revenue recognition within Oracle Financials Cloud.

What Is the Oracle Financials Cloud Receivables 2017 Implementation Essentials Certification?

The Oracle Financials Cloud Receivables 2017 Implementation Essentials certification confirms a candidate’s understanding of Oracle Receivables Cloud functionality and implementation concepts. It emphasizes configuring receivables options, customer and transaction management, invoicing, receipts, adjustments, and accounting integration to support accurate and efficient financial operations.

Exam Objectives

  1. Understand Oracle Financials Cloud Receivables architecture and features
  2. Configure receivables setup options and profiles
  3. Manage customers, customer accounts, and profiles
  4. Process invoices, credit memos, and adjustments
  5. Manage receipts, cash application, and collections
  6. Understand receivables accounting and integration with General Ledger

Why Should You Take This Exam?

  1. Build a strong foundation in Oracle Financials Cloud Receivables
  2. Validate implementation knowledge for enterprise receivables systems
  3. Improve effectiveness in billing, collections, and cash management
  4. Enhance credibility in Oracle Financials Cloud ERP projects
  5. Prepare for advanced Oracle Financials Cloud certifications

Who Should Take This Exam?

  1. Oracle Financials Cloud consultants
  2. Functional consultants specializing in receivables
  3. Finance and accounting system analysts
  4. IT professionals supporting Oracle Financials Cloud ERP
  5. Professionals involved in ERP finance implementations

Prerequisites

  1. Basic understanding of accounts receivable processes
  2. Familiarity with enterprise financial systems
  3. General knowledge of Oracle Cloud applications is helpful
  4. Prior finance or accounting experience is beneficial but not required

Exam Format

The exam consists of multiple-choice questions that assess conceptual understanding of Oracle Financials Cloud Receivables implementation. Questions focus on setup, configuration, transaction processing, collections, cash application, and accounting integration rather than advanced accounting theory.

Skills You Gain from This Certification

  1. Understanding of Oracle Receivables Cloud configuration
  2. Ability to manage customers, invoices, and receipts
  3. Knowledge of billing, collections, and cash application workflows
  4. Awareness of receivables accounting and reporting
  5. Improved capability to support receivables operations in Oracle Cloud

Career Benefits

This certification helps professionals demonstrate foundational expertise in Oracle Financials Cloud Receivables and supports career growth in ERP finance and cloud consulting roles.

  1. Oracle Financials Cloud Consultant
  2. Receivables Functional Consultant
  3. Finance Systems Analyst
  4. ERP Implementation Consultant
  5. Oracle Cloud Financials Specialist


The Oracle Financials Cloud Receivables 2017 Implementation Essentials certification validates your foundational knowledge of implementing and configuring Oracle Financials Cloud Receivables. It is ideal for consultants, analysts, and IT professionals focused on billing, collections, and cash management processes within Oracle's ERP cloud environment.

Who this certification is for

  • Oracle cloud consultants new to receivables implementation
  • Finance and accounting system analysts
  • ERP professionals working with Oracle Financials Cloud
  • Functional consultants supporting finance processes
  • Oracle Financials Consultant
  • ERP Functional Consultant
  • Finance Analyst
  • IT Support Specialist
  • Business Systems Analyst

Skills you will validate

  • Oracle Financials Cloud Receivables
  • Receivables Implementation
  • Billing and Collections
  • Cash Application
  • Financial Process Configuration
  • ERP Integration
  • Revenue Recognition

Career paths

  • ERP Consultant
  • Financial Systems Analyst
  • Oracle Cloud Specialist
  • Finance Operations Manager

Recommended experience

  • Intermediate
  • 0-1 years

Preparation guidance

  • Basic understanding of accounts receivable processes
  • Familiarity with enterprise financial systems
  • General knowledge of Oracle Cloud applications is helpful

Estimated salary growth opportunity

Certification may support increased earning potential for roles in Oracle Financials Cloud receivables implementations and ERP consulting.

Estimated opportunity, not a guaranteed outcome

Before certification

$55.0K – $75.0K

Current estimated salary range

Growth opportunity

$60.0K – $90.0K

Potential post-certification range

Market: US / USD

Source: Market data / Verified 1 Jun 2024

Roles, salary ranges, and hiring demand vary by location, experience, employer, skills, and market conditions. Certification does not guarantee employment or salary growth.

Career outlook

Career Opportunities

Potential roles, estimated annual salaries, and employers hiring for related skills.

US / USD

Choose a role

Selected opportunity

Oracle Financials Consultant

1-3 years

Estimated annual salary

$75,000average

Verified 1 Jun 2024

Roles, salary ranges, and hiring demand vary by location, experience, employer, skills, and market conditions. Certification does not guarantee employment or salary growth.

Exam details

Exam Code: 1Z0-962

No. of Questions: 80

Launch Date: N/A

Exam Length: 120 Minutes

Passing Score: 60

Language: English

Retirement Date: N/A

Certificate Type: Pearson VUE

Terms & Conditions

  • The exam voucher will be emailed and covers the full exam cost.
  • It is valid only within the country of purchase.
  • The exam must be scheduled and completed before the expiration date.
  • Each voucher is for a single use by one individual, for one exam discount or fee.
  • Please confirm the validity period—usually between 6 to 10 months—before buying.

FAQ

FAQ
What knowledge does the Oracle Financials Cloud Receivables 2017 certification validate?
It validates your understanding of receivables setup, transaction processing, collections, cash application, and integration with General Ledger.
Who should take this Oracle Financials certification exam?
Functional consultants, Oracle Cloud finance system analysts, IT professionals, and ERP finance implementation specialists.
Are there any prerequisites for the 1Z0-962 exam?
A basic understanding of accounts receivable and familiarity with financial systems is recommended.
What exam format should I expect for the Oracle 1Z0-962?
The exam consists of multiple-choice questions focusing on Oracle Receivables Cloud concepts and implementation tasks.
How can this certification impact my career?
It can improve your effectiveness in Oracle Financials Cloud projects and support your growth in ERP finance consulting roles.
Is prior finance experience required to pass this certification?
While helpful, prior finance or accounting experience is not mandatory to take the exam.

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