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Oracle E-Business Suite R12.1 Receivables Essentials (1Z0-518) Exam

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Oracle E-Business Suite R12.1 Receivables Essentials (1Z0-518) Exam


Obtaining the Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Receivables certification offers a functional groundwork in E-Business Essentials. It equips you with the proficiency to navigate and utilize the R12 E-Business Suite effectively, including data entry, query retrieval, and accessing online assistance. Integrating these certified competencies into your skill set provides a competitive edge when pursuing employment opportunities.


Who should take the exam?

The Oracle E-Business Suite R12.1 Receivables Essentials (1Z0-518) exam is targeted towards individuals who want to build a foundation in managing receivables within the Oracle E-Business Suite R12.1 financial management system. The target role include:

  • Individuals new to Oracle E-Business Suite Receivables
  • End-users in Accounts Receivable departments
  • Sales representatives or customer service staff


Exam Course Outline 

The Exam covers the given topics  - 

  • Topic 1: Understand Navigating in R12 Oracle Applications
  • Topic 2: Overview of to Oracle Applications R12
  • Topic 3: Learn about Shared Entities and Integration
  • Topic 4: Fundamentals of Flexfields
  • Topic 5: Fundamentals of Multi-Org
  • Topic 6: Fundamentals of Workflow and Alerts
  • Topic 7: Understanding Process Invoices Using AutoInvoice
  • Topic 8: Learn about Bill Presentment Architecture 
  • Topic 9: Receipts 
  • Topic 10: Period Closing Process 
  • Topic 11: Overview of Order to Cash Lifecycle
  • Topic 12: Manage Parties and Customer Accounts 
  • Topic 13: Understand Credit Management 
  • Topic 14: Implement Receipts 
  • Topic 15: Overview of Oracle Receivables Process
  • Topic 16: Overview of Process Invoices
  • Topic 17: Implement Customer Invoicing 
  • Topic 18: Understand Tax Processing 

Oracle E-Business Suite R12.1 Receivables Essentials (1Z0-518) Exam FAQs

There will be a total of 80 questions for both sections combined in the exam.

• Oracle Certification can help you gain a competitive advantage by developing a skill set that's in demand, worldwide. • You will get to join the 80% of Oracle certification holders who reported a promotion, salary increase or other career improvements. • It will give you access to secure digital badge that you can add to your social media profiles.

1Z0-518 exam is for members of the Oracle Partner Network who are focused on selling and implementing Financial Management modules. The exam is focused towards the intermediate-level implementation team member. In this exam you will gain the skills necessary to set up and use Oracle Receivables to manage receivables processing, as well as manage parties and customer accounts, process invoices using Auto-Invoice, enter and complete invoices and perform other relevant invoice actions.

The topics covered in this exam include: • E-BUSINESS ESSENTIALS • Shared Entities and Integration • Fundamentals of Multi-Org • RECEIVABLES • Receipts • Order to Cash Lifecycle Overview • Credit Management • Overview of Oracle Receivables Process • Implement Customer Invoicing • Introduction to Oracle Applications R12 • Fundamentals of Flexfields • Fundamentals of Workflow and Alerts • Bill Presentment Architecture • Period Closing Process • Manage Parties and Customer Accounts • Implement Receipts • Process Invoices • Tax Processing

This exam is valid for Oracle E-Business Suite 12 and 12.1.

This exam is good for members of the Oracle Partner Network who are focused on selling and implementing Financial Management modules.

Candidates must wait 14 days before retaking a failed proctored exam. Candidates may retake an online non-proctored exam at any time. If a candidate passes the exam then they might not retake the exam. Candidates are only allowed 4 attempts to pass an exam in a 12-month period.

The exam will cost you $245 USD with additional taxes.

OPN Members earning this certification will be recognized as OPN Certified Specialists, which helps your company qualify for the Oracle E-Business Suite Financial Management Specialization.

Yes, in this exam the passing score for E-business Essentials is 60% and Receivables is 60%.

The course includes, • R12.x Oracle E-Business Suite Essentials for Implementers • R12.x Oracle Receivables Management Fundamentals

The Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Receivables certification will help you build a functional foundation in E-Business Essentials. With this you will develop the skills to access and navigate within the R12 E-Business Suite, enter data, retrieve information in the form of a query and access online help. Adding these certified skills to your experience gives you an advantage over other candidates when competing for jobs.

If you want to schedule the exam then you can do it by paying directly with a credit card, or redeem a voucher you’ve purchased from Oracle. Either way, you'll schedule it through our external testing provider, PearsonVue.

After completing your Oracle Certification exam within 30 minutes you will receive an email from Oracle notifying you that your exam results are available in CertView. If you have previously authenticated your CertView account, simply login and select the option to “See My New Exam Result Now”.

In this exam you will get 150 minutes to complete the exam.

Oracle Certification Program normally provides 90 days notice for the retirement of any certification exam. Oracle post announcements on the Certification Web site and also notify exam candidates by email, so please be sure that you always have your most current contact information on file in your Oracle Profile and ensure that you have selected to receive communications from the Oracle Certification Program.

Oracle certifications need a periodic recertification in order for Oracle to recognize them as active. For this, you must upgrade to a current version within twelve (12) months following Oracle's credential retirement to keep your certification in active status so that you can have access to certain certification benefits including, without limitation, use of Oracle certification logos, eCertificates, score reports, digital badges and certification verification.

The certifications associated with the Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Receivables.

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