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Test Number : 1Z0-1006
Test Name : Oracle Financials Cloud: Receivables 2018 Implementation Essentials
Vendor Name : Oracle
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Exam Title : Oracle Financials Cloud: Receivables Cloud 2018 Implementation Essentials
Exam ID : 1Z0-1006
Exam Duration : 120 minutes
Questions in test : 80
Passing Score : 60%
Format : Multiple Choice Questions (MCQ)
Exam Center : Pearson VUE
Real Questions : Oracle Financials Cloud: Receivables 2018 Certified Implementation Specialist (OCS)
Recommended Practice : 1Z0-1006 Online VCE Practice Test

Reporting - Explain how to design and use various reporting tools
- Explain Oracle Transactional Business Intelligence (OTBI)
- Use Business Intelligence Publisher (BIP) Reports
- Use the Receivables to Ledger Reconciliation Report
- Process intercompany reconciliations Billing - Process billing transactions
- Describe invoice print and presentment
- Manage revenue
- Analyze receivables information using the Billing Work Area
- Calculate Transactional Tax
- Create and process bills Receivable Receipt Management - Deploy receipt processing
- Manage customer refunds
- Explain the key uses for the Receivables Balances Work Area
- Process bills Receivable Remittances NEW for R13 - Bill Management - (NEW) Explain the self-service application for customers Receivables - Explain the process for managing customers with Accounts Receivable
- Manage Reference Data Sets
- Utilize importing customer data
- Create write offs, adjustments, late chargesand chargebacks
- Explain autoinvoice accounting
- Configure Subledger Accounting Collections - Deploy a Delinquency process
- Explain the process for customer correspondence
- Manage dispute handling
- Explain the key functionality of the Collection Work Area
- Explain Collection Preferences
- Configure and Process a Collections Stratagy Revenue Management Cloud Service - Explain revenue contracts
- Utilize performance obligations
- Explain observed and esitmated standalone selling prices
- Utilize importing revenue data
- Uitilize accounting for revenue



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Oracle Oracle answers

world cloud enlargement | 1Z0-1006 PDF get and Practice Questions

After its surge of statistics core openings this yr, Oracle now has 29 cloud regions global and aims to have 38 via mid-2021, all offering a variety of cloud infrastructure and application features. during Oracle’s FY21 2nd-quarter earnings call December 10, one analyst called that construct-out “super stunning” however also requested the query: What’s behind all this capital growth?

“We’re simply seeing demand for their products all over the world,” Oracle Chairman and CTO Larry Ellison observed.

Oracle has an immense put in base of customers, Ellison defined—some 430,000 agencies, governments, and other organizations. As they circulate from running their own data centers on-premises to the usage of cloud features, Oracle is putting what it calls cloud areas near these clients. Having a cloud place neighborhood improves performance, and some consumers additionally desire their data to live interior their own country, both because of legislation or choice.

“We accept as true with they simply should get into extra international locations than Amazon, let’s say, because they need to serve those international locations the place they have a huge put in base,” Ellison talked about. as an instance, Oracle these days based its first cloud areas in the UAE and Chile, and delivered extra ones in India, the USA, and the uk.

definitely, Ellison explained that demand for its Oracle Cloud Infrastructure services grew so quick within the 2nd quarter that Oracle couldn’t meet the entire capacity needs of just a few of its biggest customers.

“we have been building as quick as they are able to, however we’ve been trying no longer to construct forward of demand,” Ellison observed. “And they have been doing a stunning good job until this last quarter, the place demand in fact became out to exceed their ambitions. …we now have some significant customers that just wanted extra potential than they may deliver.”

CEO Safra Catz defined that Oracle will extra raise its capital bills to meet client demand. all over the previous six months, Oracle has already spent 37% more on capital charges than it did within the identical length a 12 months in the past.

Cloud cowl

Oracle’s significant put in base of consumers are moving a considerable number of kinds of on-premises workloads to Oracle Cloud. Oracle Database purchasers are moving them to Oracle self sufficient Database and Oracle Exadata Cloud service. purchasers of Oracle E-company Suite purposes are transferring them to run on Oracle Cloud Infrastructure. And corporations are replacing their Oracle and third-birthday party on-premises finance, manufacturing, deliver chain, HR, earnings, advertising, and other purposes with cloud native Oracle Fusion Cloud functions. (read examples of brand new or expanded Oracle Cloud client implementations.)

“We’re just seeing demand for their items all over the realm.”

Oracle Chairman and CTO Larry Ellison

Oracle additionally presents Cloud@customer options for organizations that desire the numerous merits of public cloud functions but need them delivered from their own records centers. Oracle manages clients’ Cloud@client capabilities in the identical means it does any cloud carrier, except it places the underlying infrastructure on each consumer’s premises.

Demand for all of these cloud services is on the upward push. Oracle suggested that its 2d-quarter cloud services and license assist earnings rose four% compared with the yr-earlier quarter, to $7.1 billion—now representing 73% of total business profits.

On the profits call, Ellison provided a succinct abstract answer to the analyst’s question concerning the company’s quick cloud location expansion: “What are they doing? We’re going as speedy as they possibly can.”

secure Harbor Disclaimer: Statements in this article concerning Oracle’s future plans, expectations, beliefs, intentions, and possibilities, including statements involving future demand for Oracle’s cloud features, are “ahead-searching statements” and are subject to cloth dangers and uncertainties. Many factors may have an effect on Oracle’s present expectations and genuine outcomes, and could trigger exact effects to vary materially. A dialogue of such elements and different dangers that have an effect on Oracle’s business is contained in Oracle’s Securities and exchange fee (SEC) filings, together with Oracle’s most fresh experiences on form 10-k and kind 10-Q under the heading “possibility factors.” These filings are available on the SEC’s site or on Oracle’s site at http://www.oracle.com/investor. All counsel listed here is present as of December 11, 2020, and Oracle undertakes no duty to update any statement in mild of recent assistance or future activities.


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