Oracle Financials Cloud: Receivables 2017 Implementation Essentials (1Z0-962) Practice Exam

Oracle Financials Cloud: Receivables 2017 Implementation Essentials (1Z0-962) Practice Exam

Oracle Financials Cloud: Receivables 2017 Implementation Essentials (1Z0-962) certification exam certifies your skills and knowledge in implementing and managing the Receivables module in the Oracle’s Financials Cloud suite. This certification includes managing customer invoices, collections, payment processing, and reporting. Candidates passing this exam validate their skills to configure the Receivables module effectively, ensuring accurate financial tracking and management of accounts receivable processes.
Why is Oracle Financials Cloud: Receivables 2017 Implementation Essentials (1Z0-962) important?

• Attests to your skills in Oracle's Receivables module functionalities.
• Boosts your career opportunities in financial management and accounts receivable roles.
• Showcases your expertise in managing customer invoices and collections.
• Certifies your knowledge in complying with financial regulations and accounting standards.
• Globally recognized certificate.
• Increases your knowledge on integrating Receivables with other financial modules in Oracle Cloud.
• Boosts your credibility for senior roles in Oracle Financials Cloud.

Who should take the Oracle Financials Cloud: Receivables 2017 Implementation Essentials (1Z0-962) Exam?

• Oracle Financial Consultants
• Accounts Receivable Managers
• Financial Analysts
• Implementation Consultants for Oracle Receivables
• Credit Managers
• Accounting Software Specialists
• Cloud Solutions Architects focusing on finance
• ERP Project Managers

Skills Evaluated

Candidates taking the certification exam on the Oracle Financials Cloud: Receivables 2017 Implementation Essentials (1Z0-962) is evaluated for the following skills:

• Configuring and managing Oracle Financials Cloud: Receivables.
• Processing customer invoices and managing collections.
• Generating financial reports related to receivables.
• Managing payment processing and cash application workflows.
• Integrating the Receivables module with other financial applications.
• Ensuring compliance with regulatory requirements in accounts receivable.
• Utilizing best practices in receivables management.

Oracle Financials Cloud: Receivables 2017 Implementation Essentials (1Z0-962) Certification Course Outline
The Oracle Financials Cloud: Receivables 2017 Implementation Essentials (1Z0-962) Certification covers the following topics -

Module 1. Reporting

• Explaining how to design and use various reporting tools

• Explaining Oracle Transactional Business Intelligence (OTBI)

• Using Business Intelligence Publisher (BIP) Reports

• Using the Receivables to Ledger Reconciliation Report

• Processing intercompany reconciliations

Module 2. Receivables

• Explaining the process for managing customers with Accounts Receivable

• Managing Reference Data Sets

• Utilizing importing customer data

• Creating write offs, adjustments, late charges and chargebacks

• Explaining auto invoice accounting

• Configuring Subledger Accounting

Module 3. Billing

• Processing billing transactions

• Describing invoice print and presentment

• Managing revenue

• Analyzing receivables information using the Billing Work Area

• Processing Income tax calculations

• Creating and processing bills Receivable

Module 4. Collections

• Deploying a Delinquency process

• Explaining the process for customer correspondence

• Managing dispute handling

• Explaining the key functionality of the Collection Work Area

• Explaining Collection Preferences

• Configuring and Processing a Collections Strategy

Module 5. Receipt Management

• Deploying receipt processing

• Managing customer refunds

• Explaining the key uses for the Receivables Balances Work Area

• Processing Bills Receivable Remittances

Module 6. Revenue Management Cloud Service

• Explaining revenue contracts

• Utilizing performance obligations

• Explaining observed and estimated standalone selling prices

• Utilizing importing revenue data

• Utilizing accounting for revenue