Oracle Accounting Hub Cloud 2024 Implementation Professional (1Z0-1060-24)

Course Description

Prepare to pass exam: Oracle Accounting Hub Cloud 2024 Implementation Professional

The Oracle Accounting Hub 2024 Implementation Professional certification is designed for SaaS Implementation Consultants and Users who implement Oracle Financials Cloud, particularly Accounting Hub. Individuals who earn this certification are skilled at and capable of analyzing accounting/reporting/auditing and reconciliation requirements, evaluating modeling considerations, registering source systems, and updating registered source systems. This credential validates that the candidate can configure accounting rules, upload transaction data, adjust subledger journal entries, and perform diagnostics.

The Oracle Accounting Hub 2024 Implementation Professional certification is a Hands-on Performance based exam comprising of hands-on challenges and multiple choice questions. One needs to pass both sections individually to earn the credential.

If you have a valid Oracle Accounting Hub Implementation Professional Certification, and your credential has not expired, you can maintain your certification by taking the corresponding shorter Delta exam.

To prepare for the Oracle Accounting Hub Cloud 2024 Implementation Professional exam, focus on mastering accounting transformation, configuration, and integration with other Oracle Cloud modules. Utilize official documentation, hands-on practice, and training courses to reinforce your understanding and ensure exam readiness.

Exam topics covered

Analyzing Transaction Type Lifecycle

• Analyze and identify the transaction life cycle in the source system

Accessing Accounting, Reporting, Audit, and Reconciliation Requirements

• Analyze Accounting, Reporting, Audit, and Reconciliation requirements for Transaction Types
  

Analyzing and Creating Financial Reporting Structures and Ledgers

• Analyze configuration requirements related to Legal Entities, Financial Reporting Structures, and Ledgers
  

Registering Source System and PaaS (ICS) Integration

• Manage Transaction Information and Line Information Worksheets and Transaction Objects
  
• Manage PaaS(ICS) Integration

Updating Registered Source System

• Update accounting attribute assignments, sources, and event types
  

Configuring Accounting Rules

• Manage Intercompany Journal Lines, Gain and Loss Journal Lines, Multiperiod Journal Entries, Accrual Reversals, and Sequences
  
• Manage Accounting Methods
• Manage Journal Entry Rule Sets
• Manage Journal Line Rules
• Manage Account Rules
• Manage Mapping Sets
• Manage Description Rules
• Manage Supporting References
• Manage User Defined Formula

Automating Transaction Data with Web Service

• Load data from spreadsheets or automatic options and manage exceptions
  

Using Financial Managing Reporting and Period Close

• Manage Financial Reporting with OTBI
  
• Manage Financial Reporting with Financial Reporting Web Studio
• Manage Financial Reporting with BI Publisher
• Manage Financial Reporting with Smart View
• Manage Account Groups

Adjusting Journal Entries

• Create subledger journals including overrides and adjustments
  

Describing Functional Setup Manager

• Explain the various components of Functional Setup Manager
  

Describing Security

• Explain Users and Role Based Access Control
  
• Describe the Security Console