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Oracle 1z0-1060-25 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Accounting Hub Cloud 2025 Implementation Professional |
| Exam Number: | 1Z0-1060-25 |
| Exam Price: | $245 USD |
| Exam Format: | Multiple Response, Multiple Choice |
| Passing Score: | Approximately 60–68% |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Certificate Validity Period: | Typically 2 years (Oracle Cloud certification validity; may vary by policy update) |
| Related Certifications: | Oracle Cloud ERP Financials Implementation Professional Oracle Financials Cloud Certification |
| Real Exam Qty: | 50–60 |
| Recommended Training: | Oracle University Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: |  |
| Exam Way: | Online proctored exam via Oracle University testing platform or authorized test centers |
| Pre Condition: | Recommended experience with Oracle Cloud ERP Financials and accounting configuration concepts; no strict mandatory prerequisite officially enforced. |
| Official Syllabus URL: | https://education.oracle.com/certification |
Oracle 1z0-1060-25 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Troubleshooting and Maintenance | - Performance monitoring and optimization - Error handling and diagnostics |
| Oracle Accounting Hub Cloud Overview | - Purpose and business value of Accounting Hub Cloud - Key components and architecture |
| Configuration and Setup | - Subledger accounting setup - Ledger and accounting configuration - Initial setup and enterprise configuration |
| Accounting Rules and Processing | - Accounting rules definition and maintenance - Processing accounting entries - Event model and journal generation |
| Reporting and Reconciliation | - Reconciliation processes and controls - Financial reporting outputs |
| Data Integration and Transformation | - Mapping and transformation rules - Data ingestion methods and file-based loads |
1z0-1060-25 Exam Facts, Early Starts and Safety Nets
- Data Integration and Transformation ()
- Accounting Rules and Processing ()
- Troubleshooting and Maintenance ()
Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions:
Your client has a requirement to report directly from transactional tables and return the results in real-time, thus eliminating the need for a data warehouse.
Which tool would you suggest to your client to achieve this?
- A. Oracle Transactional Business Intelligence
- B. Smart View
- C. Financial Reporting Studio
- D. Account Group
Correct Answer: A 🗳️
You are trying to explain to an accountant that account override is an adjustment feature of Subledger Accounting.
Which TWO traits can help you further explain this feature?
- A. It adjusts the original source transaction
- B. It is intended to correct only the subledger journals that have been posted
- C. It provides an audit trail by preserving the original subledger journal entry
- D. It allows users to record a reason for the adjustment
Correct Answer: C,D 🗳️
Your company is part of the financial services industry and manages various types of transactions, such as Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep in their source system. While analyzing their source transaction system, you are asked to propose an event model, based on the activities performed by the company.
According to your analysis, what should the Notional Amount on Trade Positions, Premium Amount, Premium Settlement, and Premium Sweep transactions be defined as while registering the source system?
- A. Source systems
- B. Journal sources
- C. Event types
- D. Event classes
Correct Answer: C 🗳️
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
Correct Answer:
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.
Your client decides to implement Accounting Hub along with other Oracle-owned subledgers. They want to know about the predefined accounting methods that Oracle provides.
Which of the following THREE are predefined accounting methods?
- A. Standard Accrual
- B. Standard Accrual for USA
- C. Standard Accrual with Encumbrances
- D. Standard Accrual for China
- E. Standard Accrual for Japan
Correct Answer: A,C,D 🗳️
