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Oracle 1Z1-518 or the Oracle EBS R12.1 Receivables Essentials Certification Exam is an industry-recognized certification exam that tests the knowledge of individuals in Accounts Receivables module of Oracle E-Business Suite. 1Z0-518 exam is designed to confirm an individual’s understanding of the basic and advanced concepts of Oracle EBS R 12.1 Receivables implementation, functionalities, and best practices.
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Oracle 1Z0-518 certification exam is designed to measure the proficiency of individuals in Oracle E-Business Suite R12.1 Receivables. 1Z0-518 exam targets individuals who have basic knowledge of accounting principles and practices, as well as those who have experience working with the Oracle E-Business Suite. 1Z0-518 exam tests the candidate's understanding of Oracle Receivables functionality, including setup, invoicing, receipts, and credit management.
Reference: http://www.oracle.com/partners/en/products/applications/ebs-exam-1z0-518/index.html
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Oracle 1Z0-518 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Receivables Setup | - System Options and Profile Options - Transaction Types and Transaction Sources |
| Topic 2: Accounting and Reconciliation | - Subledger Accounting Integration - Receivables Accounting |
| Topic 3: Reporting and Period Close | - Period End Closing Activities - Standard Receivables Reports |
| Topic 4: Receipts Processing | - Manual and Automatic Receipts - Lockbox Processing |
| Topic 5: Transactions Management | - Invoice Creation and Processing - Credit Memos and Adjustments |
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