Learning Path: Oracle FIN Cloud - Receivables (AR) Implementation Professional
This learning path will provide you the steps to go from being new to fusion cloud to clearing your certification exam.
Exam Number: 1Z0-1056-YY (YY being the year in YY format)
0. Certification Exam Pattern
Starting from 2023, Oracle has introduced Hands-on Performance based exams, rather than just MCQs.
Hence it is no longer possible to just memorise the answers and clear the exam (clearing the certification by just memorising the answers was not useful earlier as well, since you will lack the knowledge to clear interviews and secure a high paying job in Oracle space)
Due to the above mentioned reasons, it is important that, along with clearing the exam, your main aim is also getting a good knowledge of the relevant module, so you can also perform well as a consultant.
Important note: Starting from step-0 will allow you to go from being completely new to fusion to having the right skills to become an Oracle Certified Consultant.
1. Introduction to Fusion Cloud
If you are completely new to fusion cloud, refer the “Introduction to Fusion Cloud video”. This is not specific to Oracle FIN Cloud, however this is an important step in understanding what is Oracle Fusion Cloud.
Go to the video (YouTube link)
2. Fusion Cloud Foundation
Fusion Cloud Foundation course will teach you the setups and configurations which are required for any module (not specific to FIN Cloud)
3. Setting Up Oracle FIN Cloud
This course focuses on the foundational configurations of GL, AP, AR, FA, CM.
Refer this course and practice the same on the provided instance at least 2 times from start to end.
This section is NOT specific to AR, however it is an important piece of the puzzle if you want the right amount of knowledge for your journey
4. Attend a Live Training Batch (or refer the recordings)
OEG One provides you FREE access to our Live Online Trainings.
Meeting Invites / Recordings of the latest live batch are available here: See all the live online trainings > Scroll down to the latest FIN Cloud batch (if it is an ongoing batch, you can also attend the live online training)
This section is NOT specific to AR, however it is an important piece of the puzzle if you want the right amount of knowledge for your journey
5. In-Depth Receivables (AR) Preparation
This section provides the preparation of
This preparation has been split in 3 parts.
- AR Cloud: Go to the course
- Advanced Collections Cloud: Go to the course
It is important to actually perform the hands-on practice on the instances for this. Only watching the videos WITHOUT doing practice will NOT give you the required benefit.
6. MCQ (Multiple Choice Questions) Practice
- View the latest Multiple Choice Questions: Go to the latest practice MCQs
- For every question listed above, go to Oracle’s official website docs.oracle.com and read the documentation
Important note: Point 5.1. above provides a list of questions for the exam, it does NOT provide the correct answer for these questions. As mentioned above, memorising the answers is not the right approach and hence you will need to read the documentation and find out the answers yourself.
7. Webinar Recording: Certification Mastery
Recently, we conducted a webinar named “certification mastery”. This webinar provides guidance regarding the following
- Explanation of Oracle University Website
- Explanation of Certification Exam
- Guide to preparing for the certification exam
- How to practice for the exam
- Common Q&As
8. Register for your exam
To register for your exam
- Go to education.oracle.com
- From the top pane, select certifications > view all certifications
- Select the relevant product (Enterprise Resource Planning for AR)
- Click “+” for Receivables and Collections Cloud and select “Oracle Financials Cloud: Receivables 20YY Implementation Professional 1Z0-1056-YY” (Note: Do NOT select “Delta” version unless you already have an Active certification and want to renew it)
- Scroll down and select “Oracle Financials Cloud: Receivables 20YY Implementation Professional
Exam Number: 1Z0-1056-YY“ - Click on Add to Cart
- Click on View Cart & Checkout
- Login and click on Checkout (create an account if you don’t have one)
- Enter the relevant details, select the date and time, and complete the payment
Once this process is completed, you will be able to appear for the certification exam
