Oracle Updated 1z0-1059-22 Exam Questions and Answers by kaylan

your invoiced goods and services less those goods and services that you have notyet delivered

your debt to customers for goods and services you are obliged to deliver to them by either party acting less your right to invoice them for those goods and services once delivered

Unearned Revenue

your debt to customers for goods and services you are obliged to deliver to them by either party acting

Revenue Management can only integrate to Fusion Receivables.

You can add up to 5 Transaction Sources as part of your integration with Fusion Receivables.

You can choose which Transaction Sources in Fusion Receivables integrate to Revenue

Management.

You can define date filters in order to consider only relevant data needed to comply with the

new revenue recognition standards.

Customer Contract Source Documents Import

Customer Sales Source Data Import

Customer Contract Source Data Import

Customer Sales Data Source Documents Import

Payment-based contingencies do not always require payment before the contingency can be removed and revenue recognized

Time-based contingencies must not expire before the contingency can be removed and revenue recognized

Time-based contingencies can expire, but the contingency will have to be removed manually before the revenue is recognized if payment is not due yet

Pre-billing customer acceptance clauses require the recording of customer acceptance in the feeder system,or its expiration, before importing into Receivables for invoicing. Customer acceptance or its expiration

must occur before the contingency can be removed and the order can be imported into Receivables for invoicing.

Post-billing customer acceptance clauses must expire (implicit acceptance), or be manually accepted (explicit acceptance), before the contingency can be removed and revenue recognized.