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Oracle 1Z0-518 exam is intended for individuals who have experience working with Oracle E-Business Suite R12.1 Receivables. Oracle recommends that candidates have at least two years of experience working with Oracle Receivables before taking the exam. Candidates should also have a solid understanding of accounting principles and practices.

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Preparing for the Oracle 1Z1-518 Certification Exam requires a solid understanding of Oracle EBS R12.1 Receivables concepts and functionality. Oracle recommends taking the Oracle E-Business Suite R12.1 Receivables Essentials course to gain the necessary knowledge and skills. Additionally, candidates can use Oracle's online training resources and practice exams to help them prepare for the exam.

Reference: http://www.oracle.com/partners/en/products/applications/ebs-exam-1z0-518/index.html

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Oracle 1Z1-518 Exam Syllabus Topics:

SectionObjectives
Reporting and Period Close- Standard Receivables Reports
- Period End Closing Activities
Receivables Setup- System Options and Profile Options
- Transaction Types and Transaction Sources
Accounting and Reconciliation- Receivables Accounting
- Subledger Accounting Integration
Receipts Processing- Lockbox Processing
- Manual and Automatic Receipts
Transactions Management- Credit Memos and Adjustments
- Invoice Creation and Processing

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