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The Oracle 1Z0-1059-21 exam is designed for professionals who are responsible for implementing and configuring the Oracle Revenue Management Cloud Service, including administrators, implementation consultants, and technical architects. 1Z0-1059-21 exam tests the candidate's knowledge of the Oracle Revenue Management Cloud Service architecture, implementation methodology, and configuration steps.
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Oracle 1Z0-1059-21 certification exam is an excellent way for professionals to demonstrate their expertise in implementing Oracle Revenue Management Cloud Service 2021. Oracle Revenue Management Cloud Service 2021 Implementation Essentials certification exam is designed to validate the candidate's skills and knowledge in various aspects of the implementation process. Passing the exam requires a significant amount of preparation and dedication, but the certification can be a valuable asset for individuals looking to advance their careers in the field of Oracle Revenue Management Cloud Service 2021.
To be eligible for the Oracle 1Z0-1059-21 certification exam, candidates must have experience in implementing and configuring the Oracle Revenue Management Cloud Service. They should also have a good understanding of revenue recognition principles and accounting concepts. Candidates should also be familiar with Oracle Cloud Infrastructure and have experience working with Oracle ERP systems.
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| Section | Objectives |
|---|---|
| Integration and Accounting | - Describe integration with Oracle Cloud ERP - Load data using FBDI templates - Analyze subledger accounting entries |
| Revenue Management Overview | - Describe user interface and navigation - Explain revenue principles (ASC 606, IFRS 15) |
| Standalone Selling Price Configuration | - Define and manage standalone selling prices - Monitor and adjust pricing data - Configure price profiles and derivation rules |
| Revenue Contracts and Processing | - Process customer contract source documents - Allocate transaction price - Identify contracts and performance obligations - Manage contract modifications |
| Reporting and Analytics | - Create OTBI reporting objects - Use predefined reports and dashboards |
| Revenue Management Setups | - Set up accounting rules and ledgers - Define contract identification rules - Configure system options and profile options |
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