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Introduction to Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam

Oracle Revenue Management Cloud Service 2020 Implementation Essentials 1z0-1059-20 Exam is designed for candidates who have knowledge and skills in revenue management of the Oracle cloud services or candidates who willing to have a strong understanding of revenue and cost management of the Oracle cloud services can go ahead and appear for this exam.

Oracle 1Z0-1059-20 Exam Syllabus Topics:

SectionObjectives
Revenue Management Fundamentals- Overview of Oracle Revenue Management Cloud Service (RMCS)
- Core concepts of revenue recognition (ASC 606 / IFRS 15)
Setup and Configuration- Account and contract setup
- Revenue management configuration tasks
- System setup and prerequisites
Revenue Contracts Management- Standalone selling price allocation
- Creating and managing revenue contracts
- Performance obligations identification
Revenue Recognition Processing- Revenue allocation rules
- Revenue scheduling and recognition events
- Accounting integration and journal entries
Reporting and Monitoring- Revenue dashboards and analytics
- Transaction and contract reporting

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