Oracle Financials Cloud: Receivables and Collections 2025 Implementation Professional Study Guide: Everything You Need to Know 2025
Your complete roadmap to passing the 1Z0-1056-25 certification exam. This comprehensive study guide covers all 5 exam domains with detailed explanations, study tips, and practice resources.
Quick Start
Essential steps to begin your preparation
Review Exam Objectives
View all domains →Take Assessment Quiz
Free practice test →Follow Study Plan
8-week roadmap →Full Practice Exams
Start practicing →Exam Domains & Objectives
Master these 5 domains to pass the 1Z0-1056-25 exam
Receivables Foundation and Setup
Customer Accounts and Transactions
Receipts and Cash Management
Collections and Credit Management
Reporting and Period Close
8-Week Study Plan
Follow this structured plan to prepare for your Oracle Financials Cloud: Receivables and Collections 2025 Implementation Professional exam
Foundation
Understand core concepts and exam objectives
Focus Areas:
- Receivables Foundation and Setup
- Customer Accounts and Transactions
Deep Dive
Master advanced topics and practical applications
Focus Areas:
- Receipts and Cash Management
- Collections and Credit Management
Practice & Review
Take practice exams and review weak areas
Focus Areas:
- Reporting and Period Close
Final Prep
Full practice exams and last-minute review
Focus Areas:
- Full-length practice tests
- Review all domains
Curated Study Resources
AI-curated resources with real links to help you prepare for the Oracle Financials Cloud: Receivables and Collections 2025 Implementation Professional exam
Complete Study Guide for Oracle Financials Cloud: Receivables and Collections 2025 Implementation Professional
The Oracle Financials Cloud: Receivables and Collections 2025 Implementation Professional certification (1Z0-1056-25) validates your expertise in implementing and configuring Oracle Fusion Cloud Receivables and Collections solutions. This professional-level credential demonstrates your ability to manage the complete order-to-cash cycle, from customer setup through collections and reporting.
Who Should Take This Exam
- Oracle ERP Cloud implementation consultants
- Finance and accounting system administrators
- Business analysts working with Oracle Financials
- IT professionals specializing in cloud-based financial systems
- Project managers overseeing Oracle Cloud implementations
Prerequisites
- Working knowledge of accounts receivable and collections processes
- Understanding of order-to-cash business cycles
- Basic familiarity with Oracle Cloud Applications navigation
- Experience with financial accounting principles
- Recommended: 6-12 months hands-on experience with Oracle Financials Cloud
Official Resources
Oracle Certification Exam Details
Official exam page with latest information, objectives, and registration details
View ResourceOracle Financials Cloud Documentation Library
Complete technical documentation for Oracle Financials Cloud applications
View ResourceOracle Receivables Help Center
Comprehensive guide covering receivables setup, transactions, and processes
View ResourceOracle Collections Help Center
Detailed documentation on collections functionality and credit management
View ResourceOracle University Training Catalog
Official Oracle training courses for Financials Cloud
View ResourceOracle Cloud Readiness Resources
Whitepapers, videos, and implementation guides for Oracle Cloud
View ResourceRecommended Courses
Oracle Financials Cloud: Receivables 2025 Implementation Essentials
Oracle University • 32 hours
View CourseOracle Financials Cloud: Collections 2025 Implementation
Oracle University • 16 hours
View CourseRecommended Books
Oracle Financials Cloud General Ledger, Payables, and Receivables
by Ravi Kumar
Comprehensive guide covering Oracle Financials Cloud modules including detailed receivables implementation guidance
View on AmazonOracle E-Business Suite R12 Core Development and Extension Cookbook
by Andy Penver
While focused on EBS, provides valuable foundational concepts applicable to Oracle Cloud Receivables
View on AmazonOracle Procure-to-Pay Guide
by Melanie Cameron
Comprehensive guide to Oracle Cloud financial processes including order-to-cash cycle
View on AmazonPractice & Hands-On Resources
Oracle Cloud Free Tier
Free cloud account with access to Oracle Cloud Infrastructure and some SaaS applications for hands-on practice
View ResourceOracle Learning Subscriptions Practice Labs
Guided practice environments for Oracle Cloud applications with scenario-based exercises
View ResourceOracle Certification Prep Seminars
Official exam preparation sessions with practice questions and exam tips
View ResourceOracle Cloud Applications Tutorials
Step-by-step tutorials for common receivables and collections tasks
View ResourceOracle MyLearn Practice Tests
Official practice exams available through Oracle's learning platform
View ResourceCommunity & Forums
Oracle Cloud Customer Connect
Official Oracle community for Cloud customers with forums, blogs, and peer discussions about Financials Cloud implementations
Join CommunityOracle Community Forums - Financials
Active forum for technical questions and discussions about Oracle Financials Cloud modules
Join Communityr/oracle Subreddit
Reddit community for Oracle-related discussions including certification experiences and study tips
Join Communityr/OracleCertification
Dedicated subreddit for Oracle certification candidates sharing resources and experiences
Join CommunityOracle Financials Blog
Official Oracle blog with updates, best practices, and feature announcements for Financials Cloud
Join CommunityLinkedIn Oracle Cloud Financials Group
Professional networking group for Oracle Cloud Financials practitioners and consultants
Join CommunityStudy Tips
Hands-On Practice Priority
- Request access to a demo or sandbox environment - theoretical knowledge alone is insufficient for this exam
- Practice complete end-to-end scenarios: create customer → generate invoice → apply receipt → close period
- Configure each setup component yourself rather than just reading about it
- Make mistakes in practice environment and learn to troubleshoot common errors
- Document your configurations with screenshots to reinforce learning
Focus on Integration Points
- Understand how Receivables integrates with General Ledger, Subledger Accounting, and Revenue Management
- Know the accounting entries generated by different transaction types
- Master the AutoAccounting setup and how it drives GL distributions
- Understand data flow between Receivables and other modules
- Study the impact of period close on integrated modules
Master Configuration Sequences
- Memorize the correct sequence for implementing receivables from scratch
- Understand dependencies between setup components (e.g., transaction sources require transaction types)
- Know which setups are performed at Business Unit vs Legal Entity level
- Create a setup checklist and practice completing it multiple times
- Understand the impact of profile options on receivables behavior
Scenario-Based Learning
- Study real-world business scenarios: How would you handle partial payments? Disputed invoices? Credit holds?
- Practice collections scenarios: aging analysis, dunning letter generation, promise tracking
- Work through lockbox processing errors and resolution
- Understand different receipt application methods and when to use each
- Practice period close troubleshooting scenarios
Documentation Deep Dive
- The Oracle help documentation is your primary resource - read it systematically, not just for lookups
- Pay special attention to 'Considerations' and 'Prerequisites' sections in documentation
- Study the process flows and diagrams in the documentation
- Bookmark frequently referenced documentation pages for quick exam-day reference during study
- Review release notes to understand newest features in 2025 version
Exam Format Preparation
- With 55 questions in 90 minutes, you have approximately 1.6 minutes per question
- Practice answering questions quickly - some will be straightforward while others require careful analysis
- Oracle exams often include scenario-based questions with multiple steps
- You need 68% to pass (38 correct out of 55) - don't panic if some questions seem difficult
- Mark difficult questions for review and move on to ensure you complete all questions
Weight Your Study Time
- Receivables Foundation (25%) and Receipts/Cash Management (25%) together are 50% of exam
- Allocate your study time proportionally to exam weights
- Don't neglect the 10% Reporting domain - these can be easy points with proper preparation
- Collections concepts (20%) are often scenario-based - practice workflow understanding
- Review all domains in final week but focus extra time on the two 25% domains
Exam Day Tips
- 1Arrive 15 minutes early if testing at a center; for online proctoring, start setup process 30 minutes early
- 2Read each question completely before looking at answers - Oracle questions often have important details in the last sentence
- 3Watch for absolute words like 'always,' 'never,' 'must' - these are often incorrect in Oracle exams
- 4Eliminate obviously wrong answers first, then choose between remaining options
- 5For scenario questions, identify what the question is really asking before analyzing the scenario
- 6If unsure between two answers, think about Oracle's recommended best practices
- 7Use the mark for review feature liberally - come back to difficult questions after completing easier ones
- 8Trust your preparation - your first instinct is often correct unless you find a clear reason to change it
- 9Manage your time: check progress at 45 minutes (should be at question 27-28)
- 10Don't leave any questions blank - there's no penalty for guessing, and you might eliminate some wrong answers
Study guide generated on January 7, 2026
Pro Study Tips
Expert advice to maximize your study effectiveness
Active Learning Strategies
- Hands-on practice: Apply concepts in real scenarios
- Teach others: Explain concepts to reinforce learning
- Take notes: Write summaries in your own words
Exam Day Preparation
- Get enough sleep: Rest well the night before
- Review key points: Go through your notes and cheat sheets
- Time management: Practice pacing with timed exams
Continue Your Preparation
More resources to help you succeed
Complete Oracle Financials Cloud: Receivables and Collections 2025 Implementation Professional Study Guide
This comprehensive study guide will help you prepare for the 1Z0-1056-25 certification exam offered by Oracle. Whether you are a beginner or experienced professional, this guide covers everything you need to know to pass on your first attempt.
What You Will Learn
Our study guide covers all 5 exam domains in detail:
- Receivables Foundation and Setup (25%)
- Customer Accounts and Transactions (20%)
- Receipts and Cash Management (25%)
- Collections and Credit Management (20%)
- Reporting and Period Close (10%)
Recommended Timeline
Most candidates need 6-8 weeks of dedicated study to pass the Oracle Financials Cloud: Receivables and Collections 2025 Implementation Professional exam. We recommend studying 1-2 hours daily and taking practice exams weekly to track your progress.
Next Step: Start with our free practice test to assess your current knowledge level.