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Exam Information
Official specifications published by Oracle
Exam Format
120 min
64
60%
Specialist
Registration
Pearson VUE or online proctoring
English
Validity
Lifetime (no expiration)
1Z0-518 Exam Topics and Domains
1Z0-518 is organized into 2 weighted domains. Expect to work with Oracle Receivables, Oracle E-Business Suite R12, Oracle Multi-Org, Oracle Credit Management, and more.
1
E-BUSINESS ESSENTIALS
40%
Navigating in R12 Oracle Applications
Log in to Oracle ApplicationsNavigate from Personal Home Page to ApplicationsChoose a responsibilityCreate Favorites and set PreferencesUse Forms and MenusEnter data using FormsSearch for data using FormsAccess online HelpRun and monitor Reports and ProgramsLog out of Oracle Applications
- Navigate effectively within Oracle Applications R12
- Access and utilize forms and menus
- Execute and monitor concurrent programs
Introduction to Oracle Applications R12
Explain the footprint of R12 E-Business SuiteDescribe the benefits of R12 E-Business SuiteDescribe R12 E-Business Suite architecture
- Understand the scope and benefits of Oracle E-Business Suite R12
- Explain the technical architecture of the system
Shared Entities and Integration
Explain shared entities within R12 E-Business SuiteDescribe key integration points and business flowsIdentify Key Business Flows and products involved
- Identify shared entities across E-Business Suite modules
- Understand integration between different modules
Fundamentals of Flexfields
Describe Flexfields and their componentsIdentify the steps to implement a FlexfieldDefine value sets and valuesDefine Key FlexfieldsDefine Descriptive Flexfields
- Understand flexfield concepts and types
- Configure and implement flexfields
Fundamentals of Multi-Org
Define Multiple Organization (Multi-Org)Describe the types of organizationsExplain the entities of Multi-OrgExplain how Multi-Org secures dataIdentify key implementation considerationsDefine Multi-Org Access ControlExplain Multi-Org preferencesExplain Enhanced Multiple-Organization ReportingExplain the concepts of subledger accounting
- Understand Multi-Org architecture and components
- Configure Multi-Org Access Control
- Implement subledger accounting
Fundamentals of Workflow and Alerts
Explain Workflow conceptsDescribe the benefits of Workflow
- Understand Oracle Workflow fundamentals
- Identify workflow use cases in Receivables
2
RECEIVABLES
60%
Order to Cash Lifecycle Overview
Describe the overall Order to Cash processDiscuss the key areas in the Order to Cash lifecycleDescribe integration between applications
- Understand the complete Order to Cash business process
- Identify integration points between modules
Overview of Oracle Receivables Process
Explain Receivables position in Order to CashDescribe the overall Receivables processExplain the key areas in the Receivables processIdentify open interfaces to import data
- Understand the core Receivables business processes
- Identify open interfaces for data import
Manage Parties and Customer Accounts
Enter and maintain party and customer informationCreate profile classesMerge parties and customer accountsEnable customer account relationshipsDefine TCA party paying relationshipsView party and customer account informationDefine setup options
- Manage customer master data using TCA
- Configure customer relationships and profiles
- Understand party and customer data model
Implement Customer Invoicing
Enter setup information related to invoicingDiscuss implementation considerations
- Configure invoice setup parameters
- Understand invoicing implementation requirements
Process Invoices
Enter and complete invoicesPerform other invoice actionsCorrect invoicesPrint transactions and statementsUse event-based management
- Create and manage customer invoices
- Perform invoice corrections and adjustments
- Generate customer statements
Process Invoices Using AutoInvoice
Describe the AutoInvoice processUse AutoInvoiceError correction using AutoInvoice Exception Handling
- Understand AutoInvoice interface processing
- Execute AutoInvoice programs
- Handle AutoInvoice exceptions
Bill Presentment Architecture
Explain bill presentment architecture processesRegister data sourcesCreate templates to present billsDefine rules to assign templates to customersPrint BPA transactions
- Configure Bill Presentment Architecture
- Create and assign bill templates
- Generate formatted customer bills
Tax Processing
Understand E-Business Tax and Receivables Tax ProcessDefine Receivables Setup Steps for TaxManage Tax Accounting and Tax Adjustments
- Configure tax processing in Receivables
- Understand E-Business Tax integration
- Manage tax accounting and adjustments
Implement Receipts
Enter setup information relating to receiptsDiscuss implementation considerations for Receipts
- Configure receipt setup parameters
- Understand receipt implementation requirements
Receipts
Describe the receipt processApply receipts using different methodsCreate chargebacks, adjustments and claimsUse balancing segmentsApply non-manual receiptsCreate receipts utilizing different methods
- Create and apply customer receipts
- Process chargebacks and adjustments
- Use AutoLockbox for automated receipt processing
Credit Management
Set up for credit managementDemonstrate credit profile changesIdentify credit management processingUse workflow and lookupsReview credit management performanceApply credit hierarchy
- Configure credit management functionality
- Manage customer credit profiles and limits
- Implement credit checking workflows
Period Closing Process
Describe the sub ledger accounting processDefine actions required to close a periodAvailable reports to assist in closingCreate Accounting and Revenue Recognition programs
- Execute period close procedures
- Run Create Accounting and Revenue Recognition programs
- Generate and review period close reports
How do I earn this certification?
Passing 1Z0-518 earns the Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Receivables certification. It sits in the E-Business Suite Financial Management track.
Next Level Options
1Z0-1059-24 - Oracle Fusion Cloud Receivables and Collections Modern cloud-based receivables platform
Alternative Paths
- 1Z0-1056-24 - Oracle Financials Cloud: Receivables Cloud Implementation Essentials Cloud alternative to on-premise Receivables
- 1Z0-548 - Oracle E-Business Suite R12 Human Capital Management Essentials Complementary HCM skills for complete ERP knowledge
Practice with Precision
The PlanetCert Simulator mirrors the real exam environment with authentic questions and timed pressure.
How to study for this exam?
The most effective way to prepare for 1Z0-518 is by using the PlanetCert Simulator to practice questions and review detailed explanations.
What's changed on this exam?
Current Status
ACTIVE
Updates
- Oracle E-Business Suite R12.1 12.1 Exam specifically targets R12.1 version. Valid for both 12.0 and 12.1 implementations.
- Trading Community Architecture (TCA) R12 Core component of customer and party management - critical exam topic
- Subledger Accounting (SLA) R12 Important for understanding accounting creation and period close processes
Who should take this exam?
This exam is typically taken by Members of the Oracle PartnerNetwork who are focused on selling and implementing Financial Management modules. The exam targets the intermediate-level implementation team member..
- Experience with Oracle E-Business Suite
- Understanding of financial management concepts
- Familiarity with accounts receivable processes
- Knowledge of Order to Cash business flow