Oracle Financials Cloud: Receivables 2021 Implementation Essentials
Oracle Financials Cloud Receivables 21 Implementation Essent
Oracle Financials Cloud: Receivables 2021 Implementation Essentials
Oracle Financials Cloud: Receivables 2021 Implementation Essentials – Complete Overview
Introduction / Overview
Oracle Financials Cloud: Receivables 2021 Implementation Essentials is a professional certification exam designed for consultants and finance professionals who implement and configure the Receivables module in Oracle Financials Cloud. Offered by Oracle, this certification validates the practical skills required to set up, manage, and support accounts receivable processes within cloud-based financial systems. It is intended for professionals responsible for enabling efficient billing, collections, and revenue reporting in Oracle Financials Cloud.
What Is the Oracle Financials Cloud: Receivables 2021 Implementation Essentials Certification?
The Oracle Financials Cloud: Receivables 2021 Implementation Essentials certification confirms a candidate’s ability to implement and configure the Receivables module of Oracle Financials Cloud. It emphasizes customer setup, transaction processing, billing and invoicing, credit and collections management, integration with other financial modules, and reporting. The certification ensures professionals can deliver reliable receivables solutions that support financial operations and compliance.
Exam Objectives
- Oracle Financials Cloud Receivables architecture and core concepts
- Customer and transaction setup
- Billing, invoicing, and revenue recognition
- Receipts, adjustments, and dispute management
- Credit and collections processes
- Integration with Oracle Financials Cloud subledgers
Why Should You Take This Exam?
- Validate functional expertise in Oracle Cloud Receivables
- Demonstrate ability to implement end-to-end receivables processes
- Strengthen credibility as an Oracle Financials Cloud consultant
- Support career growth in ERP and financial systems roles
- Meet enterprise demand for certified Oracle financial professionals
Who Should Take This Exam?
- Oracle Financials Cloud Implementation Consultants
- Receivables Functional Consultants
- Finance and accounting professionals working with Oracle Cloud
- ERP support and implementation specialists
- IT professionals supporting Oracle Financials Cloud solutions
Prerequisites
- Understanding of accounts receivable and financial processes
- Familiarity with Oracle Financials Cloud applications
- Experience with ERP implementations
- Hands-on exposure to Oracle Cloud Receivables is recommended
Exam Format
The Oracle Financials Cloud: Receivables 2021 Implementation Essentials exam consists of multiple-choice questions that assess practical knowledge of implementing and configuring Oracle Receivables. The exam focuses on real-world scenarios, configuration choices, best practices, and efficient solution setup rather than theoretical accounting principles.
Skills You Gain from This Certification
- Setting up customer accounts and transaction types
- Configuring billing and invoicing processes
- Managing receipts, adjustments, and disputes
- Implementing credit and collections strategies
- Integrating Receivables with subledger accounting and other modules
Career Benefits
Earning the Oracle Financials Cloud: Receivables 2021 Implementation Essentials certification demonstrates functional expertise in Oracle Cloud financial implementations. It positions professionals as trusted consultants capable of supporting enterprise financial operations.
- Oracle Financials Cloud Consultant
- Receivables Functional Consultant
- ERP Financial Analyst
- Oracle Cloud Financial Support Specialist
- Accounts Receivable Systems Specialist
Exam details
Exam Code: 1Z0-1056-21
No. of Questions: 55
Launch Date: N/A
Exam Length: 90 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.
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