• Exam Name:

    1Z0-518: Oracle E-Business Suite R12.1 Receivables Essentials

  • Last Update: Jul 21, 24
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1Z0-518: Oracle E-Business Suite R12.1 Receivables Essentials Exams Details

Proving Worth in Receivables With the 1Z0-518 Oracle E-Business Suite R12.1 Receivables Essentials Certification Exam
The 1Z0-518 Oracle E-Business Suite R12.1 Receivables Essentials certification exam validates a professional’s ability to use Oracle’s Receivables module. Employers look hire candidates who pass the exam because they value their employee’s skills in ,managing customer data and handling monetary transactions.

About the Exam
Professionals must pass the 1Z0-518 certification exam in order to earn the Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Receivables certification. Passing requires a grade of at least 60%. Candidates must complete the 64 multiple choice questions within two hours.

For your convenience, the exam may be taken online.

Exam Preparation
Oracle offers two courses to help candidates review the concepts tested on the 1Z0-518 exam. Candidates can choose to take one course, both courses, or neither course. The two courses are “R12.2.9 Oracle E-Business Suite Fundamentals” and “R12.x Oracle Receivables Management Fundamentals.”

Additionally, candidates may choose to review an online study guides, books, and practice exams. For Oracle Partners, Oracle offers an addition learning path and two boot camps.

Exam Topics
Candidates must be prepared to answer questions related to navigating in R12 Oracle applications and receivables. This includes all of the following concepts:

  • Invoices processing
  • Bill presentment architecture
  • Receipts
  • Period closing processing
  • Cash lifecycle
  • Parties management
  • Customer accounts
  • Credit management
  • Receipts implementation
  • Overall receivables processes
  • Customer invoicing
  • Tax processing

Conclusion
The financial job market can be very competitive, and candidates who pass the 1Z0-518 Oracle E-Business Suite R12.1 Receivables Essentials certification exam make their skills in accounts receivable transactions obvious to potential employers. That makes this certification exam a valuable tool for anyone looking to break into or expand their career prospects in the financial sector.

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