- Exam Code: 1z0-1056-23
- Exam Name: Oracle Financials Cloud: Receivables 2023 Implementation Professional
- Updated: Sep 13, 2026
- Q & A: 34 Questions and Answers
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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2023 Implementation Professional |
| Exam Number: | 1Z0-1056-23 |
| Passing Score: | 68% |
| Real Exam Qty: | 32-36 |
| Exam Format: | Multiple Choice, Hands-on Performance Based |
| Exam Duration: | 90 minutes |
| Certificate Validity Period: | No expiration (subject to Oracle Cloud recertification policy) |
| Exam Price: | $245 - $250 USD |
| Available Languages: | English |
| Related Certifications: | Oracle Fusion Cloud Financials: Receivables and Collections 2025 Implementation Professional Oracle Financials Cloud 2023 Implementation Professional |
| Recommended Training: | Oracle Financials Cloud: Receivables Implementation Training |
| Exam Registration: | Oracle University Pearson VUE |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored or onsite at Pearson VUE authorized testing centers |
| Pre Condition: | No mandatory prerequisites; Oracle recommends 6-12 months hands-on implementation experience and completion of relevant training |
| Official Syllabus URL: | https://education.oracle.com/oracle-certification-path/pFamily_641 |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Configuring Customer Billing | 22% | - Define Transaction Types, Sources, Items and Memo Lines - Manage AutoInvoice and AutoAccounting - Set Up Sales Credits and Revenue Recognition |
| Topic 2: Configuring Common Receivables | 20% | - Configure Tax and Subledger Accounting - Configure and Import Customers - Configure Receivables System Options - Configure Receivables Using Rapid Implementation - Configure Cash Management and Application Integration |
| Topic 3: Configuring Customer Payments | 15% | - Configure Automatic Receipts and Funds Capture - Set Up Receipt Methods and Lockbox |
| Topic 4: Managing Customer Billing | 18% | - Calculate Tax and Print Transactions - Correct and Manage AutoInvoice Errors - Create and Process Transactions |
| Topic 5: Configuring Bill Management | 5% | - Configure and Use Oracle Bill Management |
| Topic 6: Configuring and Using Advanced Collections | 5% | - Set Up Collections Framework - Define Scoring Strategies and Work Queues |
| Topic 7: Processing Customer Payments | 12% | - Resolve Receipt Exceptions - Process Bills Receivables and Remittances - Create and Apply Receipts |
| Topic 8: Reporting and Reconciliation | 3% | - Use OTBI and BI Publisher for Reporting - Perform Receivables Reconciliation |
Oracle Financials Cloud: Receivables 2023 Implementation Professional is an official certification exam from Oracle, identified by the exam code 1z0-1056-23. Pass it and you hold the Oracle Financials Cloud: Receivables 2023 Implementation Professional certification, which sits at the Professional level. It also feeds into related credentials, including Oracle Fusion Cloud Financials: Receivables and Collections 2025 Implementation Professional, Oracle Financials Cloud 2023 Implementation Professional. In practical terms, this certification tells employers your skills have been measured against the vendor's own standard, which is why certified candidates tend to stand out in hiring and promotion decisions.
Expect 32-36 questions within 90 minutes on the Oracle Financials Cloud: Receivables 2023 Implementation Professional exam. Numbers aside, the real challenge is rhythm: lingering too long on one item quietly steals time from three others. Build the habit of answering, flagging, and moving on, then rehearse the full experience under a countdown with the Actual4Dumps test engine until finishing comfortably early becomes your norm.
Registration for Oracle Financials Cloud: Receivables 2023 Implementation Professional officially runs $245 - $250 USD, with 68% required to pass. Worth knowing before you book: retakes are billed at the same full $245 - $250 USD, so a failed attempt doubles your spend. The smarter sequence is to measure yourself first. When your scores on the Actual4Dumps practice tests clear the passing line with room to spare, consistently, that is your signal to schedule the real thing.
No mandatory prerequisites; Oracle recommends 6-12 months hands-on implementation experience and completion of relevant training
Because vendors update their policies without much fanfare, verify the latest entry requirements before you book using the official exam page.
Booking for the Oracle Financials Cloud: Receivables 2023 Implementation Professional exam goes through the vendor's official registration channels.
When you choose your slot, note that the exam is delivered Online proctored or onsite at Pearson VUE authorized testing centers.
Oracle lists the following recommended training for Oracle Financials Cloud: Receivables 2023 Implementation Professional candidates.
Courses teach the concepts; repetition makes them exam-ready. Round out whichever training you pick with the 34 practice questions from Actual4Dumps, and each topic stops being theory and starts being points.
Yes, and we encourage it. Download the free PDF demo of the Oracle Financials Cloud: Receivables 2023 Implementation Professional questions from Actual4Dumps and evaluate the quality on your own terms. After you buy, every update for the next 365 days is free, and when that window closes you can extend your update service at half price.
A 100% money-back guarantee applies, governed by clear conditions. If you sit the Oracle Financials Cloud: Receivables 2023 Implementation Professional exam within 60 days of purchase and fail, you can claim a full refund, as long as the exam corresponds to your product. Attempts made within 3 days of purchase are ineligible, as are products you downloaded but never used, free materials, and expired orders; the name on the exam record must match the payer's name. File your claim with a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and it is settled within 7 days. Rather have a replacement than a refund? You may exchange for two other exam products of equal value, free, and your original product keeps its update service.
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The Oracle Financials Cloud: Receivables 2023 Implementation Professional blueprint spans 8 domains. The ones carrying the most weight include Managing Customer Billing (18%), Configuring and Using Advanced Collections (5%), and Configuring Common Receivables (20%). The complete domain-by-domain breakdown is in the exam topics section above; treat it as your master checklist and let the weights tell you where your study hours earn the most.
Your organization has decided to use the Portal Upload delivery method for some of their customers. You will be using this in place of other options, such as Print Email, or XML to deliver customer invoices.
Which step must be performed in the system to deliver transactions to your customers by using the Portal Upload method?
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Your customer receives their invoices via the XML delivery method. They want to receive billing transactions for specific sites only. Now you have been tasked with creating a very focused delivery method of XML transactions for this customer site that should be receiving the invoice.
To define this setup, you must add a new lookup code to the AR Features lookup type in the Manage Receivables Lookups task. Which lookup code would you use?
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After reviewing an incomplete invoice, the Billing Manager clicks the Complete button in the Transactions window.
What are three results of this action?
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When you run Auto lnvoice. the process may generate a list of records that fail validation.
Using which two methods/features, can you display the Auto lnvoice errors in an Excel workbook?
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