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Oracle EBS R12.1 Receivables Essentials : 1Z0-518 Exam

1Z0-518 Exam Questions
  • Exam Code: 1Z0-518
  • Exam Name: Oracle EBS R12.1 Receivables Essentials
  • Updated: Aug 08, 2026
  • Q & A: 100 Questions and Answers
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Oracle 1Z0-518 is a certification exam that focuses on Oracle EBS R12.1 Receivables Essentials. It is designed for professionals who are interested in understanding the concepts of Oracle EBS R12.1 Receivables, including its features, functionalities, and benefits. 1Z0-518 exam aims to test the candidate's knowledge and skills in managing and implementing Oracle EBS R12.1 Receivables in a business environment.

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Oracle EBS R12.1 Receivables Essentials Exam consists of 80 multiple-choice questions, and candidates have 120 minutes to complete the exam. The questions are designed to test the candidate's understanding of the key concepts and features of Oracle EBS R12.1 Receivables. To pass the exam, candidates must score at least 60% or higher.

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Oracle 1Z0-518 Exam Syllabus Topics:

SectionWeightObjectives
Receipts & Applications20%- Implement Receipts
  • 1. Apply receipts to invoices
    • 2. Manual and automatic receipt creation
      - Receipt Handling
      • 1. Adjustments, chargebacks, and deductions
        • 2. Reconciliation processes
          E-Business Essentials15%- Navigating in R12 Oracle Applications
          • 1. Describe EBS R12 architecture and benefits
            • 2. Log in and access applications
              - Multi-Org Fundamentals
              • 1. Multi-Org model concepts
                • 2. Implementation considerations
                  - Flexfields and Workflow
                  • 1. Key flexfields and descriptive flexfields
                    • 2. Workflow and alerts overview
                      - Shared Entities and Integration
                      • 1. Explain shared entities
                        • 2. Overview of Order-to-Cash lifecycle
                          Accounting & Period Close15%- Subledger Accounting
                          • 1. Revenue recognition rules
                            • 2. Create Accounting program
                              - Period Closing
                              • 1. Reconciliation and reporting
                                • 2. Steps to close Receivables period
                                  Credit Management & Reporting5%- Reports & Architecture
                                  • 1. Standard Receivables reports
                                    • 2. Bill Presentment Architecture
                                      - Credit Management Overview
                                      • 1. Credit setup and review
                                        Invoicing & Transactions25%- Process Invoices
                                        • 1. Manual invoice entry and completion
                                          • 2. Correct and adjust transactions
                                            - AutoInvoice
                                            • 1. Handle exceptions and errors
                                              • 2. Import and validate transactions
                                                - Tax Processing
                                                • 1. Tax calculation and setup
                                                  • 2. Integration with E-Business Tax
                                                    Receivables Overview & Setup20%- System Setup
                                                    • 1. Set up payment terms and invoicing rules
                                                      • 2. Define system options
                                                        - Oracle Receivables Process Overview
                                                        • 1. Key features and interfaces
                                                          • 2. Position in Order-to-Cash flow
                                                            - Customer Management
                                                            • 1. Manage parties and customer accounts
                                                              • 2. Customer profiles and sites

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