Oracle EBS R12.1 Receivables Essentials | 1Z0-518

Course in Pre-Launch Mode,Total number of question will be around 100+.

Oracle E-Business Suite R12.1 Receivables Essentials | 1Z0-518 Test series

1Z0-518 practice test

It cover 100% of Oracle exam 1Z0-518 certification syllabus.

You can find questions more on practical side,they will help you to solve your real time problems.

Exam Topics:

E-BUSINESS ESSENTIALS

Navigating in R12 Oracle Applications

• Log in to Oracle Applications
• Navigate from Personal Home Page to Applications
• Choose a responsibility
• Create Favorites and set Preferences
• Use Forms and Menus
• Enter data using Forms
• Search for data using Forms
• Access online Help
• Run and monitor Reports and Programs
• Log out of Oracle Applications

Shared Entities and Integration

• Explain shared entities within R12 E-Business Suite
• Describe key integration points and business flows between products in E-Business Suite (EBS)
• Identify Key Business Flows and products involved in E-Business Suite (EBS)

Fundamentals of Multi-Org

• Define Multiple Organization (Multi-Org)
• Describe the types of organizations supported in the Multi-Org model
• Explain the entities of Multi-Org
• Explain how Multi-Org secures data
• Identify key implementation considerations for Multi-Org
• Define Multi-Org Access Control
• Explain Multi-Org preferences
• Explain Enhanced Multiple-Organization Reporting
• Explain the concepts of subledger accounting

RECEIVABLES

Process Invoices Using AutoInvoice

• Describe the AutoInvoice process
• Use AutoInvoice
• Understand error correction using AutoInvoice Exception Handling

Receipts

• Describe the receipt process
• Apply receipts using different methods
• Create chargebacks, adjustments and claims
• Use balancing segments
• Apply non-manual receipts
• Create receipts utilizing different methods

Order to Cash Lifecycle Overview

• Describe the overall Order to Cash process from Order Entry through Bank Reconciliation
• Discuss the key areas in the Order to Cash lifecycle
• Describe integration between applications

Credit Management

• Set up for credit management
• Demonstrate credit profile changes
• Identify credit management processing
• Use workflow and lookups
• Review credit management performance
• Apply credit hierarchy

Overview of Oracle Receivables Process

• Explain where the Receivables process is positioned within the Order to Cash lifecycle
• Describe the overall Receivables process
• Explain the key areas in the Receivables process
• Identify open interfaces to import data into Receivables

Implement Customer Invoicing

• Enter setup information related to invoicing
• Discuss the major implementation considerations for customer invoicing

Introduction to Oracle Applications R12

• Explain the footprint of R12 E-Business Suite
• Describe the benefits of R12 E-Business Suite
• Describe R12 E-Business Suite architecture

Fundamentals of Flexfields

• Describe Flexfields and their components
• Identify the steps to implement a Flexfield
• Define value sets and values
• Define Key Flexfields
• Define Descriptive Flexfields

Fundamentals of Workflow and Alerts

• Explain Workflow concepts
• Describe the benefits of Workflow

Bill Presentment Architecture

• Explain bill presentment architecture processes
• Register data sources
• Create templates to present bills
• Define rules to assign templates to customers
• Print BPA transactions

Period Closing Process

• Describe the sub ledger accounting process in Receivables
• Define the various actions required to close a period in the Order to Cash flow
• Describe the available reports to assist in the closing process
• Explain the Create Accounting program and the Revenue Recognition program

Manage Parties and Customer Accounts

• Define the features that let you enter and maintain party and customer account information
• Create profile classes and assign them to customer accounts
• Create and maintain party and customer account information
• Merge parties and customer accounts
• Enable customer account relationships
• Define TCA party paying relationships
• View party and customer account information
• Define setup options

Implement Receipts

• Enter setup information relating to receipts
• Discuss implementation considerations for Receipts

Process Invoices

• Describe how the processing of invoices fits into the Receivables process
• Enter and complete invoices
• Perform other invoice actions
• Correct invoices
• Print transactions and statements
• Use event-based management

Tax Processing

• Understand the E-Business Tax and Receivables Tax Process
• Define Receivables Setup Steps for Tax
• Manage Tax Accounting and Tax Adjustments