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Oracle EBS R12.1 Receivables Essentials exam is intended for professionals who are involved in the implementation and maintenance of Oracle EBS Receivables applications, including functional and technical consultants, support engineers, and system administrators. 1Z1-518 exam covers a variety of topics, including the setup and configuration of receivables, invoicing and receipt processing, credit management, and customer management.

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

Oracle 1Z0-518 (Oracle EBS R12.1 Receivables Essentials) Exam is a certification exam that is designed to validate the knowledge and skills of individuals in managing the Oracle E-Business Suite (EBS) R12.1 Receivables module. 1Z1-518 exam is intended for professionals who are responsible for managing and maintaining the Receivables module in Oracle EBS, including implementation consultants, support engineers, and application developers. 1Z1-518 exam covers a wide range of topics, including customer setup, invoicing, receipts, credit management, and collections.

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Designed for professionals who work in finance, accounting, or IT, the Oracle 1Z0-518 exam covers a wide range of topics related to Oracle EBS R12.1 Receivables. These topics include managing customer accounts, billing and invoicing, revenue recognition, credit management, collections, and more. By demonstrating their proficiency in these areas, candidates will be able to enhance their career prospects and demonstrate their value to current and potential employers.

Oracle 1Z1-518 Exam Syllabus Topics:

SectionObjectives
Core Receivables Processes- Receipts and Credits
  • 1. Chargebacks and credit management fundamentals
  • 2. Customer receipts and application methods
- Invoice Processing
  • 1. Standard invoice creation and adjustments
  • 2. AutoInvoice usage and error handling
Operational and Financial Processes- Order to Cash Lifecycle
  • 1. Order to cash flow overview
  • 2. Receivables within the business process
- Period Closing and Reporting
  • 1. Accounting and revenue recognition basics
  • 2. Receivables period close tasks
E-Business Suite Essentials- Navigation and R12 Oracle Applications
  • 1. Forms, menus, and data entry basics
  • 2. Log in, use responsibilities and navigation
- Introduction to Oracle R12 Architecture
  • 1. R12 E-Business Suite overview and benefits
  • 2. Integration and shared entities in EBS
Receivables Configuration and Setup- Flexfields and Multi-Org Model
  • 1. Multi-Org setup and access control
  • 2. Key and descriptive flexfields
- Workflow, Alerts and Integration
  • 1. Alert configuration and integration points
  • 2. Workflow basics in Receivables
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