Oracle 1Z0-506

Free Questions in OTE format

About Oracle 1Z0-506 dump

The Oracle Fusion Financials 11g Accounts Receivable Essentials (1Z0-506) exam is designed for candidates who possess a strong foundation and expertise implementing and configuring the Fusion Accounts Receivable application. This exam targets the advanced intermediate-level implementation team member. Up to date training and field experience are strongly recommended to pass the exam.

Overview of Receivables

• Explain the process for managing customers with AR
  
• Manage Reference Data Sets
  
• Analyze receivables information using the Receivables Dashboard
  
• Configure the Shared Service Model
  

Overview of Billing and Revenue Management

• Process billing transactions
  
• Describe the Bill Presentment Architecture
  
• Manage revenue
  
• Analyze receivables information using the Billing Dashboard
  

Collections

• Deploy the Delinquency process
  
• Explain the process for customer correspondence
  
• Manage dispute handling
  
• Explain the key functionality of the Collection Dashboard
  
• Define the Collection Preferences
  

Receipt Management

• Define funds capture
  
• Deploy receipt processing
  
• Manage customer refunds
  
• Explain the key uses for the Receipt Dashboard
  

Other Accounts Receivable Topics

• Create write offs, adjustments and chargebacks
  
• Set up the period close process
  
• Configure Subledger Accounting
  
• Explain when late charges are used