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Oracle EBS R12.1 Receivables Essentials Exam is intended for individuals who have a strong background in financial management and accounting. Candidates who have experience with Oracle E-Business Suite R12.1 Receivables, including experience in implementing and managing the module, are also ideal candidates for 1Z0-518 exam. Oracle EBS R12.1 Receivables Essentials certification exam is suitable for professionals who are looking to validate their expertise in managing the Oracle E-Business Suite R12.1 Receivables module.

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

Oracle 1Z1-518 certification can be prepared by taking multiple approaches. Oracle Corporation recommends a combination of attending training courses and study guides for better exam preparation. Customized training courses from Oracle instructors can provide the necessary training on specific subjects, while Oracle E-Business Suite Receivables Essentials 1Z1-518 Exam Study Guide is an excellent resource for exam preparation. Many other third-party resources can help the candidate to gain knowledge and deepen their understanding of the Receivables application.

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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
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