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Oracle 1z0-1060-25 Exam Syllabus Topics:

SectionWeightObjectives
Subledger Accounting Configuration30%- Accounting methods and rules setup
  • 1. Description and line entry rules
  • 2. Account derivation rules
  • 3. Journal line definitions
- Accounting transformations and mappings
  • 1. Conversion formulas and conditions
  • 2. Source and target value mappings
- Event model and accounting events
  • 1. Event classes and types
  • 2. Event accounting definitions
Implementation Best Practices and Maintenance10%- Maintenance and troubleshooting
  • 1. Diagnose and resolve common issues
  • 2. Apply updates and patches
  • 3. Monitor accounting processes
- Implementation methodology
  • 1. Plan and analyze requirements
  • 2. Configure and test phases
  • 3. Deployment and go-live steps
Accounting Hub Overview and Architecture15%- Accounting Hub architecture and core components
  • 1. Integration framework overview
  • 2. Data flow and transformation logic
- Common Fusion Cloud Application capabilities
  • 1. Security Console features
  • 2. Functional Setup Manager components
  • 3. Users and role-based access control
Source System Integration and Data Management25%- Source system registration and configuration
  • 1. Define source system parameters
  • 2. Register external source systems
- Data upload and validation
  • 1. Transaction data file formats
  • 2. Error handling and correction
  • 3. Data import and validation processes
- Data mapping and transformation
  • 1. Data enrichment and derivation
  • 2. Source to accounting attribute mapping
Accounting and Reporting20%- Accounting generation and posting
  • 1. Create accounting process
  • 2. Review and finalize accounting entries
- Reporting tools and outputs
  • 1. Use OTBI and Financial Reporting Studio
  • 2. Design custom financial reports
- Financial reporting structures
  • 1. Ledger and chart of accounts setup
  • 2. Financial reporting hierarchies

Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:

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?

  • A. Transaction Type
  • B. Document Key
  • C. Document Sequence Number
  • D. Transaction Number
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Which statement is true about journal entry rule sets?

  • A. Description rules can be assigned only at the line level of a journal entry rule set.
  • B. Description rules can be assigned at both the header and the line level of a journal entry rule set.
  • C. Description rules can be assigned only at the header level of a journal entry rule set.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

You design an income statement report with the help of Financial Reporting Web 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?

  • A. ([3:5])
  • B. ({3:5})
  • C. ([3;5])
  • D. ([3,5])
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Your client, a banking organization, is currently using different transaction systems for different types of loans including vehicle loans, personal loans, education loans, and housing loans. You recently uploaded the source system data that includes Loan Origination, Loan Interest Accrual, Loan Scheduled Payment, Loan Interest Adjusted, Loan Late Payment, and Loan Charge off as event types.
The customer now asks you to add another transaction type called Loan Interest Accrual Reversal.
What should be your response to the customer?

  • A. The source system should be registered again by including the Loan Interest Accrual Reversal event type
  • B. Loan Interest Accrual Reversal can be added as a new event type from the user interface
  • C. A new transaction type cannot be added after the source system is registered
  • D. Loan Interest Accrual Reversal can be added as a new event type by using the update spreadsheet template
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Challenge 4: Manage Description Rule
TASK
Create Description Rule
Subledger Application: AHC Billing
Process Category: AHC Billing
Event Class: AHC Billing
Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement See the Explanation below for all the solution.

Reveal Solution  Discussion  0

Correct Answer:

Step-by-Step Guide to Create a Description Rule in Oracle Fusion
Step 1: Navigate to Manage Description Rules
Log in to Oracle Fusion with appropriate privileges for configuring Subledger Accounting.
Go to Setup and Maintenance.
In the Functional Setup Manager (FSM), navigate to:
Financials
Subledger Accounting
Manage Description Rules.
Step 2: Create a New Description Rule
Click Create to define a new Description Rule.
Enter the following details:
Name: AHC Billing Description Rule
Subledger Application: AHC Billing
Process Category: AHC Billing
Event Class: AHC Billing
Event Type: Customer Billing, Customer Pay In, Customer Refund, Customer Settlement Description: Enter a meaningful description, such as:
"Auto-generated description for AHC Billing transactions."
Click Save, then proceed to define the logic.
Step 3: Define the Description Rule Logic
Under Conditions, define a formula using transaction attributes to generate meaningful descriptions dynamically.
Click Add Condition, then define the description using placeholders.
Example formula:
'Transaction Type: ' || {Transaction Type} || ', Customer: ' || {Customer Name} || ', Amount: ' || {Transaction Amount}
* This rule constructs a description dynamically, showing:
* Transaction Type
* Customer Name
* Transaction Amount
* Example Output:
* "Transaction Type: Customer Billing, Customer: John Doe, Amount: $500"
* ClickValidateto ensure there are no syntax errors.
Step 4: Assign the Description Rule
* Navigate toManage Journal Entry Rule Sets.
* Locate theAHC BillingJournal Entry Rule Set.
* Assign the newly createdDescription Ruleto the appropriateJournal Line Rule.
* ClickSave and Close.
Step 5: Validate and Deploy the Rule
* ClickValidateto check for errors.
* Deploy the rule by submitting the changes.
* Ensure the rule is attached to theAHC Billing journal entries.
Step 6: Test the Description Rule
* Navigate toSubledger Accounting > Accounting Entries.
* Generate accounting for different test transactions.
* Verify that thejournal entry descriptionsmatch the expected format.

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