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2025 Professional Valid 1z0-1060-25 Exam Answers | 100% Free Oracle Accounting Hub Cloud 2025Implementation Professional Prepaway Dumps
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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions (Q82-Q87):
NEW QUESTION # 82
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
Answer:
Explanation:
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.
NEW QUESTION # 83
Which two conditions must be met for automatic data provisioning to work?
- A. At least one role is automatically provisioned to the user using role provisioning rules.
- B. At least one of the user's assignments matches all data-mapping conditions in a data provisioning rule.
- C. The data provisioning rule has at least one job, one position, and one inventory organization assigned to it.
Answer: A,B
NEW QUESTION # 84
Your customer has four external systems to manage their home loan, auto loan, consumer loan, and personal loan businesses. They decide to implement Accounting Hub to import their transactional data for generating journal entries from these source systems. While evaluating different possibilities, they ask for your suggestion about the sharing of accounting rules for these external systems.
Which implementation setup allows the sharing of accounting rules for all four external systems?
- A. Three subledgers; one for home loan and auto loan, second for consumer loan, and third for personal loan
- B. Two subledgers; one for home loan and auto loan and another for consumer loan and personal loan.
- C. Four subledgers; one for each source system
- D. One subledger for all four source systems
Answer: D
NEW QUESTION # 85
Your client provides loans to their customers. You are appointed as a consultant to implement Accounting Hub Cloud and standardize the accounting process. Your client wants to retrieve the segment values for the debit and credit side of journal entries based on different criteria.
Which FOUR value types should you use in the definition of your account rules to generate journal entries as per the customer's requirement?
- A. Account rule
- B. Account combination
- C. Mapping set
- D. Value set
- E. Source
- F. Constant
Answer: A,C,E,F
NEW QUESTION # 86
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?
- A. Account Group
- B. Financial Reporting Studio
- C. Oracle Transactional Business Intelligence
- D. Smart View
Answer: C
NEW QUESTION # 87
......
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