Oracle EBS R12.1 Receivables Essentials Certification Exam is a one-hour test consisting of 70 multiple-choice questions. The test covers topics such as invoices, payments, adjustments, credits, balances, statements, receipts, remittances, and period-close activities. 1Z0-518 exam's passing score is 60%, and the test can be taken online or in-person at an authorized testing center. Upon passing the exam, the candidate will earn the Oracle EBS R12.1 Receivables Essentials Certification.
Reference: http://www.oracle.com/partners/en/products/applications/ebs-exam-1z0-518/index.html
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To pass the 1Z0-518 exam, candidates must demonstrate proficiency in a variety of areas related to Oracle EBS Receivables. This includes understanding the configuration and setup of the Receivables module, as well as the various processes and transactions involved in managing customer accounts and collections. Candidates must also be able to troubleshoot common issues that may arise in the Receivables module and demonstrate their knowledge of best practices for managing receivables in an Oracle EBS environment.
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Oracle 1Z0-518 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Accounting & Period Close | 15% | - Period Closing
|
| Credit Management & Reporting | 5% | - Reports & Architecture
|
| E-Business Essentials | 15% | - Navigating in R12 Oracle Applications
|
| Invoicing & Transactions | 25% | - Tax Processing
|
| Receivables Overview & Setup | 20% | - Customer Management
|
| Receipts & Applications | 20% | - Implement Receipts
|
