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The Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Receivables certification establishes a functional grounding in E-Business Essentials. It equips you with the skills to proficiently operate the R12 E-Business Suite, including data entry, executing queries for information retrieval, and leveraging online support tools. By earning this credential, you not only demonstrate technical proficiency but also gain a distinct competitive advantage in securing career opportunities within financial management and ERP domains.
The Oracle E-Business Suite R12.1 Receivables Essentials (1Z0-518) exam is designed for individuals seeking to establish a strong foundation in managing receivables within Oracle E-Business Suite R12.1 Financials. It is best suited for:
Exam Course Outline
The Exam covers the given topics -
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Yes, in this exam the passing score for E-business Essentials is 60% and Receivables is 60%.
The Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Receivables certification will help you build a functional foundation in E-Business Essentials. With this you will develop the skills to access and navigate within the R12 E-Business Suite, enter data, retrieve information in the form of a query and access online help. Adding these certified skills to your experience gives you an advantage over other candidates when competing for jobs.
Oracle Certification Program normally provides 90 days notice for the retirement of any certification exam. Oracle post announcements on the Certification Web site and also notify exam candidates by email, so please be sure that you always have your most current contact information on file in your Oracle Profile and ensure that you have selected to receive communications from the Oracle Certification Program.
1Z0-518 exam is for members of the Oracle Partner Network who are focused on selling and implementing Financial Management modules. The exam is focused towards the intermediate-level implementation team member. In this exam you will gain the skills necessary to set up and use Oracle Receivables to manage receivables processing, as well as manage parties and customer accounts, process invoices using Auto-Invoice, enter and complete invoices and perform other relevant invoice actions.
The course includes, • R12.x Oracle E-Business Suite Essentials for Implementers • R12.x Oracle Receivables Management Fundamentals
After completing your Oracle Certification exam within 30 minutes you will receive an email from Oracle notifying you that your exam results are available in CertView. If you have previously authenticated your CertView account, simply login and select the option to “See My New Exam Result Now”.
The certifications associated with the Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Receivables.
Oracle certifications need a periodic recertification in order for Oracle to recognize them as active. For this, you must upgrade to a current version within twelve (12) months following Oracle's credential retirement to keep your certification in active status so that you can have access to certain certification benefits including, without limitation, use of Oracle certification logos, eCertificates, score reports, digital badges and certification verification.
In this exam you will get 150 minutes to complete the exam.
The topics covered in this exam include:
• E-BUSINESS ESSENTIALS
• Shared Entities and Integration
• Fundamentals of Multi-Org
• RECEIVABLES
• Receipts
• Order to Cash Lifecycle Overview
• Credit Management
• Overview of Oracle Receivables Process
• Implement Customer Invoicing
• Introduction to Oracle Applications R12
• Fundamentals of Flexfields
• Fundamentals of Workflow and Alerts
• Bill Presentment Architecture
• Period Closing Process
• Manage Parties and Customer Accounts
• Implement Receipts
• Process Invoices
• Tax Processing
• Oracle Certification can help you gain a competitive advantage by developing a skill set that's in demand, worldwide. • You will get to join the 80% of Oracle certification holders who reported a promotion, salary increase or other career improvements. • It will give you access to secure digital badge that you can add to your social media profiles.
OPN Members earning this certification will be recognized as OPN Certified Specialists, which helps your company qualify for the Oracle E-Business Suite Financial Management Specialization.
There will be a total of 80 questions for both sections combined in the exam.
The exam will cost you $245 USD with additional taxes.
This exam is good for members of the Oracle Partner Network who are focused on selling and implementing Financial Management modules.
This exam is valid for Oracle E-Business Suite 12 and 12.1.
If you want to schedule the exam then you can do it by paying directly with a credit card, or redeem a voucher you’ve purchased from Oracle. Either way, you'll schedule it through our external testing provider, PearsonVue.
Candidates must wait 14 days before retaking a failed proctored exam. Candidates may retake an online non-proctored exam at any time. If a candidate passes the exam then they might not retake the exam. Candidates are only allowed 4 attempts to pass an exam in a 12-month period.
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