1Z0-1059-22 Oracle Revenue Management Cloud Service 2022

Practice Tests for 1Z0-1059-22 Oracle Revenue Management Cloud Service 2022 Certified Implementation Professional

Description

An Oracle Revenue Management Cloud 2022 Certified Implementation Professional has demonstrated the knowledge and skills required to implement Enterprise Resource Planning (ERP) and Financials Cloud solutions for Revenue Management. Individuals who earn this certification are able to Configure and implement Revenue Management, configure standalone pricing, manage revenue contracts, and understand reporting capabilities.

Review exam topics

Revenue Management Overview

• Explain Revenue Principles (including new revenue recognition guidance under ASC 606 and IFRS 15)
• Describe Revenue Management Integration Requirements

Revenue Management Setups

• Configure The Revenue Management Application
• Standalone Selling Price and Related Configurations
• Configure and Manage Standalone Selling Prices

Revenue Contracts

• Explain Contracts, Performance Obligations and Contract Maintenance
• Load Data Using FBDI Templates
• Process Customer Contract Source Documents
• Describe The Revenue Management User Interface
• Analyze Accounting in Revenue Management

Revenue Management Reporting

• Explain how to create OTBI reporting objects
• Use Delivered Reports

Oracle Revenue Management Cloud is an application that enables you to manage customer contracts and performance obligations easily to help you address the revenue mandates of the ASC 606 and IFRS 15 accounting standard. Oracle Revenue Management Cloud is a Service which is part of Oracle Enterprise Resource Planning (ERP) Cloud Service and has the capability to work with any source application. The Service accesses data from and publishes to both Oracle ERP Cloud Service and with Oracle E-Business Suite. Robust data integration is available with third party applications. Integrated data includes sales orders, sales invoices, and other relevant sales and fulfillment data. Sales cycle data from various source systems is processed automatically and managed centrally in Oracle Revenue Management Cloud.

Who this course is for:

• Implementers
• Administrators
• Business Users

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