- Exam Code: 1z0-1056-22
- Exam Name: Oracle Financials Cloud: Receivables 2022 Implementation Professional
- Updated: Sep 11, 2026
- Q & A: 156 Questions and Answers
Earning the Oracle Financials Cloud: Receivables 2022 Implementation Professional tells employers your skills meet Oracle standards, which is exactly why the exam is demanding. Actual4Dumps prepares you for the 1z0-1056-22 exam with 156 practice questions aligned to the official 2026 objectives.
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2022 Implementation Professional |
| Exam Number: | 1z0-1056-22 |
| Exam Format: | Multiple Choice, Multiple Response |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 58 |
| Certificate Validity Period: | Version-specific / Valid until next major release |
| Available Languages: | English |
| Related Certifications: | Oracle Financials Cloud 2022 Implementation Professional |
| Exam Price: | $245 USD |
| Passing Score: | 64% |
| Recommended Training: | Oracle Learning Subscription Oracle Financials Cloud: Receivables & Collections Training |
| Exam Registration: | Oracle Certification Portal Pearson VUE Registration |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored or Onsite testing center via Pearson VUE |
| Pre Condition: | No mandatory prerequisites; 6–12 months of hands-on implementation experience with Oracle Financials Cloud is highly recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-financials-cloud-receivables-2022-implementation-professional/pexam_1Z0-1056-22 |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Reporting and Reconciliation | 10% | - Perform Receivables to General Ledger reconciliation - Report using Business Intelligence Publisher (BIP) - Report using Oracle Transactional Business Intelligence (OTBI) |
| Topic 2: Bill Management | 5% | - Configure Oracle Bill Management - Create and manage Bills Receivables lifecycle |
| Topic 3: Processing Customer Payments | 15% | - Manage Receipt exceptions and corrections - Create and apply Receipts - Create and process Bills Receivables and Remittances - Process Receipt applications and adjustments |
| Topic 4: Configuring Customer Payments | 15% | - Configure Automatic Receipts and Funds Capture - Set up Customer Receipts - Configure Lockbox processing |
| Topic 5: Configuring and Using Advanced Collections | 5% | - Manage Collections work queues and strategies - Design and implement Scoring Strategies - Set up Advanced Collections framework |
| Topic 6: Configuring Customer Billing | 15% | - Manage Auto-Invoicing - Manage Salespersons, Sales credits and account references - Manage Transaction types, sources, Items and Memo lines - Manage Auto-Accounting rules - Configure Revenue recognition for Receivables |
| Topic 7: Managing Customer Billing | 15% | - Calculate and apply Transactional Tax - Create and process Transactions - Manage Transaction printing and delivery - Run and validate Auto-Invoice process |
| Topic 8: Configuring Common Receivables | 20% | - Configure Cash Management integration - Configure Receivables system options - Configure Subledger Accounting - Configure Tax - Configure integration with other Oracle Cloud applications - Configure Receivables using Rapid Implementation - Configure and Import Customers |
The Oracle Financials Cloud: Receivables 2022 Implementation Professional is the official Oracle exam that leads to the Oracle Financials Cloud: Receivables 2022 Implementation Professional certification at the Implementation Professional level. Passing it validates your skills against Oracle standards and proves your qualification to current and future employers. The credential is also connected with related certifications such as Oracle Financials Cloud 2022 Implementation Professional, so it can serve as a solid step in a broader certification path.
The 1z0-1056-22 exam has 58 questions in total and must be completed within 90 minutes. That leaves only a narrow time budget per item, so train yourself to flag a difficult question, move on, and circle back later instead of getting stuck. A week or two before your test date, run at least one full timed mock exam in the Actual4Dumps desktop or online test engine under the same 90 minutes limit, and repeat until you can finish with a few minutes left for review.
The passing score for the 1z0-1056-22 exam is 64%, and the official registration fee is $245 USD. Keep in mind that a failed attempt is not discounted — retaking the exam means paying the full fee again — so it is wise not to book your seat until your practice scores sit comfortably above the passing mark. Working through the 156 questions at Actual4Dumps in timed mode is a reliable way to judge when you are truly ready.
Oracle sets the following requirement for the 1z0-1056-22 exam: No mandatory prerequisites; 6–12 months of hands-on implementation experience with Oracle Financials Cloud is highly recommended. Eligibility rules can change from time to time, so always confirm the current prerequisites on the official exam page at https://education.oracle.com/oracle-financials-cloud-receivables-2022-implementation-professional/pexam_1Z0-1056-22 before you register.
You can register for the Oracle Financials Cloud: Receivables 2022 Implementation Professional through the following official channels:
The 1z0-1056-22 exam is delivered as Online proctored or Onsite testing center via Pearson VUE, so review the technical and check-in requirements for that format when you schedule your appointment.
Oracle recommends the following official training options for the Oracle Financials Cloud: Receivables 2022 Implementation Professional:
Official courses build the theory, and pairing them with the 156 practice questions from Actual4Dumps turns that knowledge into exam-ready answers.
Yes. Actual4Dumps offers a free PDF demo for the Oracle Financials Cloud: Receivables 2022 Implementation Professional, so you can review real sample questions and judge the quality before paying anything. After your purchase, you receive 365 days of free updates — whenever the question pool changes, you get the latest version at no cost. Once that period expires, you can extend your update service at a 50% discount from your member zone.
If you take the 1z0-1056-22 exam within 60 days of your purchase and do not pass, you can apply for a full refund under our 100% Money Back Guarantee. To qualify, submit a scanned copy of your exam enrollment slip together with your official Score Report (PDF) within 2 days after the exam date, and your claim will be processed within 7 days. Note that the guarantee applies only to the corresponding exam: attempts taken within 3 days of purchase, downloaded-but-unused materials, free resources, and expired orders are not eligible, and the candidate name must match the purchaser name. If you would rather not refund, you can exchange the product for two free exam products of equal value while keeping the update service on your original purchase.
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The Oracle Financials Cloud: Receivables 2022 Implementation Professional is organized into 8 domains. Among the first ones are Reporting and Reconciliation (10%), Configuring and Using Advanced Collections (5%), Configuring Common Receivables (20%), and the remaining domains cover the rest of the official objectives. For the complete topic breakdown with every subtopic, see the full 1z0-1056-22 exam outline above on this page.
Which two determinant types are used in reference data assignment? (Choose two.)
After a customer bankruptcy is approved, what happens in the Collections application?
Your customer has three business units. The customer wants to share customer account addresses across these business units.
Which reference data set can be used to achieve this?
The Billing Manager has navigated to the Billing work area to complete a transaction. The Incomplete Transactions Overview Region on the Billing Work Area page has a drilldown option through a column to complete the transaction.
Identify the column.
You created a bills receivable that is factored with recourse and applied a wrong receipt to the short-term debt before the bill maturity date plus the risk elimination days.
Which actions are true? (Choose two.)
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