Oracle Accounting Hub Cloud 2025Implementation Professional - 1z0-1060-25무료 덤프문제 풀어보기
You are implementing Accounting Hub for one of your client organizations in the US. The organization has two legal entities, loans and insurance. Both the legal entities have agreed to share the same chart of accounts and convention. However, the loans legal entity will use the January to December calendar, while the insurance legal entity will use the July to June calendar.
How many primary ledgers will you create to achieve this requirement?
How many primary ledgers will you create to achieve this requirement?
정답: A
Which predefined role allows a user to manage the period close activities in the General Ledger (GL) application?
정답: D
Challenge 3: Manage User Define Formulas
TASK
Create User Defined Formula for Admin Charges
Subledger Application: AHC Billing
Process Category: AHC Billing
Event Class: AHC Billing
Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement
TASK
Create User Defined Formula for Admin Charges
Subledger Application: AHC Billing
Process Category: AHC Billing
Event Class: AHC Billing
Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement
정답:
See the Explanation below for all the solution.
Explanation:
Step-by-Step Guide to Create a User Defined Formula for Admin Charges in Oracle Fusion Step 1: Navigate to Manage User Defined Formulas
* Log into Oracle Fusion with privileges to configure Subledger Accounting.
* Go toSetup and Maintenance.
* In theFunctional Setup Manager (FSM), navigate to:
* Financials
* Subledger Accounting
* Manage User Defined Formulas.
Step 2: Create a New User Defined Formula
* ClickCreateto define a new formula.
* Enter the following details:
* Name: Admin Charges Formula
* Subledger Application: AHC Billing
* Process Category: AHC Billing
* Event Class: AHC Billing
* Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement
* Data Type:Number
* Description: Formula to calculate admin charges for billing events.
* ClickSave, then proceed to define the logic.
Step 3: Define the Formula Logic
Example Formula for Admin Charges:
AssumeAdmin Chargesare calculated as5% of Transaction Amount, with aminimum charge of $10.
* Enter the formula using Oracle's formula syntax:
CASE
WHEN {Transaction Amount} * 0.05 >= 10 THEN {Transaction Amount} * 0.05 ELSE 10 END
* ClickValidateto check for errors.
Step 4: Assign the Formula to the Required Accounting Rules
* Navigate toManage Account Rules.
* Find theAdmin Charges Account Rule(or create one if needed).
* In theCondition Definition, selectUser Defined Formulaas the Source.
* ChooseAdmin Charges Formulaas the value.
* ClickSave and Close.
Step 5: Validate and Deploy the Formula
* ClickValidateto ensure correctness.
* Deploy the formula by submitting the changes.
* Attach the formula to relevantJournal Entry Rule Sets(if applicable).
Step 6: Test the User Defined Formula
* Navigate toSubledger Accounting > Accounting Entries.
* Generate accounting for different test transactions:
* Example 1: IfTransaction Amount = $500, Admin Charges =$25(5% of 500).
* Example 2: IfTransaction Amount = $100, Admin Charges =$10(since 5% of 100 = $5, but the minimum is $10).
* Verify that theAdmin Chargesare correctly derived in accounting entries.
Explanation:
Step-by-Step Guide to Create a User Defined Formula for Admin Charges in Oracle Fusion Step 1: Navigate to Manage User Defined Formulas
* Log into Oracle Fusion with privileges to configure Subledger Accounting.
* Go toSetup and Maintenance.
* In theFunctional Setup Manager (FSM), navigate to:
* Financials
* Subledger Accounting
* Manage User Defined Formulas.
Step 2: Create a New User Defined Formula
* ClickCreateto define a new formula.
* Enter the following details:
* Name: Admin Charges Formula
* Subledger Application: AHC Billing
* Process Category: AHC Billing
* Event Class: AHC Billing
* Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement
* Data Type:Number
* Description: Formula to calculate admin charges for billing events.
* ClickSave, then proceed to define the logic.
Step 3: Define the Formula Logic
Example Formula for Admin Charges:
AssumeAdmin Chargesare calculated as5% of Transaction Amount, with aminimum charge of $10.
* Enter the formula using Oracle's formula syntax:
CASE
WHEN {Transaction Amount} * 0.05 >= 10 THEN {Transaction Amount} * 0.05 ELSE 10 END
* ClickValidateto check for errors.
Step 4: Assign the Formula to the Required Accounting Rules
* Navigate toManage Account Rules.
* Find theAdmin Charges Account Rule(or create one if needed).
* In theCondition Definition, selectUser Defined Formulaas the Source.
* ChooseAdmin Charges Formulaas the value.
* ClickSave and Close.
Step 5: Validate and Deploy the Formula
* ClickValidateto ensure correctness.
* Deploy the formula by submitting the changes.
* Attach the formula to relevantJournal Entry Rule Sets(if applicable).
Step 6: Test the User Defined Formula
* Navigate toSubledger Accounting > Accounting Entries.
* Generate accounting for different test transactions:
* Example 1: IfTransaction Amount = $500, Admin Charges =$25(5% of 500).
* Example 2: IfTransaction Amount = $100, Admin Charges =$10(since 5% of 100 = $5, but the minimum is $10).
* Verify that theAdmin Chargesare correctly derived in accounting entries.
To create journal entries, the Create Accounting process takes source data used in accounting rules from tables or views.
What are the tables or views called?
What are the tables or views called?
정답: D
Your client has a requirement to report directly from the transactional tables and return the results in real- time, in turn eliminating the need for a data warehouse.
Which tool would you suggest to your client for this purpose?
Which tool would you suggest to your client for this purpose?
정답: A
Which two actions can you accomplish for a registered source system?
정답: C,D
Your client provides loans to its customers. You are appointed as a consultant to implement Accounting Hub Cloud and standardize the accounting process. Your client needs to retrieve the segment values for the debit and credit side of journal entries based on different criteria. You decide to set up three account rules to achieve this requirement.
Which THREE rule types are available for building account rules?
Which THREE rule types are available for building account rules?
정답: A,B,E
You are designing an income statement report with the help of Financial Reporting Studio. You add row numbers 3, 4, and 5 to reflect the balances for three different expense accounts and row number 6 to reflect the sum of row numbers 3, 4, and 5.
Which formula should be used on row number 6 to calculate the sum?
Which formula should be used on row number 6 to calculate the sum?
정답: C
Your customer needs to generate journal entries for the insurance premium collected from the sale of policies.
The different components of the premium collected by the company include Basic Premium and Tax.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?
The different components of the premium collected by the company include Basic Premium and Tax.
While uploading the transaction details containing both Basic Premium and Tax amounts, which transaction source would you use to link the transaction header and line information?
정답: C