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Market research tells us what candidates preparing for the 1Z0-518 exam want most: the newest information, fast. Exam4Docs answers with 100 practice questions for the Oracle EBS R12.1 Receivables Essentials — checked for updates daily, refreshed constantly, and always aligned with the live exam.

Oracle 1Z0-518 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle EBS R12.1 Receivables Essentials
Exam Number:1Z0-518
Passing Score:70%
Exam Duration:90 minutes
Exam Format:Multiple Choice
Related Certifications:Oracle E-Business Suite R12 General Ledger
Oracle E-Business Suite R12 Financials
Oracle Financials Implementation Specialist
Certificate Validity Period:Not specified
Exam Price:$245 USD
Available Languages:English
Real Exam Qty:60-70
Recommended Training:Oracle University EBS R12 Receivables Training
Exam Registration:Oracle Certification Registration
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored or Pearson VUE test center
Pre Condition:Recommended knowledge of Oracle E-Business Suite Financials fundamentals and Accounts Receivable processes.
Official Syllabus URL:https://education.oracle.com/certification

Oracle 1Z0-518 Exam Syllabus Topics:

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

Oracle 1Z0-518 Exam — Read This First

The passing mark for the 1Z0-518 exam is 70%, and the official registration fee is $245 USD. One practical note: the fee buys a single attempt — a retake is charged in full again. Protect that spend by rehearsing first: drill 100 practice questions at Exam4Docs under timed conditions until your scores clear the passing mark with margin, then book.

Registration for the Oracle EBS R12.1 Receivables Essentials goes through these official channels:

One scheduling detail: the 1Z0-518 exam is delivered Online proctored or Pearson VUE test center — plan accordingly when you book.

The 1Z0-518 exam — officially the Oracle EBS R12.1 Receivables Essentials — is Oracle's certification test for professionals working with its technologies, and passing it earns the Oracle E-Business Suite R12 Financials / Receivables certification at the Professional level. Because it is vendor-issued and skills-based, employers can compare candidates on it directly — that is what keeps it valuable. It also connects naturally to Oracle E-Business Suite R12 Financials, Oracle E-Business Suite R12 General Ledger, Oracle Financials Implementation Specialist.

Yes — Exam4Docs publishes a free PDF demo of the 1Z0-518 practice questions, printable if you prefer paper, so you can evaluate the content and verified answers before paying anything. Once you purchase, 365 days of free updates are included, and if the product expires, the update service renews at a 50% discount from your member zone.

The Oracle EBS R12.1 Receivables Essentials syllabus spans 5 domains, led by Accounting and Reconciliation, Receipts Processing, and Receivables Setup. The complete weighted outline is in the syllabus section above — it is the map your preparation should follow.

Recommended knowledge of Oracle E-Business Suite Financials fundamentals and Accounts Receivable processes.

Vendor criteria do change, so before scheduling, verify the latest requirements on the official Oracle exam page.

Oracle lists these training resources for the Oracle EBS R12.1 Receivables Essentials:

Formal training teaches the concepts; offline-capable practice makes them available whenever you have a spare ten minutes. Add 100 practice questions from Exam4Docs to either resource and preparation stops depending on free weekends.

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You will face 60-70 questions within 90 minutes on the 1Z0-518 exam. That ratio makes time management a scored skill, and it is best trained offline where you cannot be distracted: run timed mocks in the Exam4Docs Windows engine or app, and let the pacing rhythm settle in before exam day.

Oracle EBS R12.1 Receivables Essentials Sample Questions:

Question #1

The technical architecture In Oracle E-Business Suite Release 12 supports the business needs of the application. Select three technical features included in the technical architecture in Oracle E-Business Suite Release 12. (Choose three.)

  • A. Business Intelligence
  • B. rapid implementation
  • C. self-service (HTML/JSPs)
  • D. end-to-end integration
  • E. global
  • F. mobile interface
Reveal Solution  Discussion  0

Correct Answer: A,C,F  🗳️

Question #2

Select four key system options in Oracle Receivables that are related to customers.
(Choose four.)

  • A. receipt method
  • B. default country
  • C. create reciprocal customer
  • D. automatic customer numbering
  • E. automatic site numbering
  • F. customer credit classification
  • G. allow payment of unrelated transactions
Reveal Solution  Discussion  0

Correct Answer: C,D,E,G  🗳️

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Question #3

Which three statements are true about Balance Forward Billing? (Choose three.)

  • A. Print New Consolidated Billing Invoices program is available.
  • B. Billing date is an optional grouping rule.
  • C. Accept Consolidated Billing Invoices program is available.
  • D. Activity can be consolidated across account sites, or by each billing site.
  • E. It considers both manual transactions and imported transactions.
  • F. Billing date value is mandatory when cycle is external.
Reveal Solution  Discussion  0

Correct Answer: D,E,F  🗳️

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Question #4

MT Services has several operating companies set up as balancing segment values In Its chart of accounts.
There is only one sales tax rate that is applicable to its services. However, for accounting purposes, MT Services must track the sales tax by operating company.
Except for some government agencies that are customers, sales tax is applicable to all customers. The controller wants to know the minimum setup steps that MT Services must perform.
Choose the three minimum setups needed in Receivables and E-Business Tax to charge sales tax.
(Choose three.)

  • A. location sales tax
  • B. tax exemptions for customers and customer sites
  • C. tax groups
  • D. assigning tax code to transaction type
  • E. AutoAccounting for tax
  • F. tax classification codes
Reveal Solution  Discussion  0

Correct Answer: A,B,E  🗳️

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Question #5

During the cutover phase of a project to Implement Oracle E-Business Suite Release 12, you are responsible for converting historical account balances into Oracle General Ledger from a legacy system. There is no Account Code Combination setup in the Production Instance.
Identify the setup in the Accounting Key Flexfield structure that is required to perform this conversion.

  • A. The Key Flexfield Segments have to be enabled and displayed.
  • B. Select the "Allow Dynamic Inserts" check box in the Accounting Key Flexfield structure.
  • C. Qualify one of the Segments as the Balancing Segment.
  • D. Define Value Sets and assign them to Segments.
  • E. Define Segments in the Accounting Flexfield structure.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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