1Z0-1060-20 - CertsOut - Mansoor

Oracle Certifications
Oracle Accounting Hub Cloud 2020 Implementation Essentials

Oracle Accounting Hub Cloud Exam: 1Z0-1060-20:
How To Begin A Promising Career In Oracle Cloud ERP
Oracle is usually the first name that comes to your mind while thinking of an enterprise
database. No other database has won the industry’s trust like Oracle.
Oracle was the first commercially available database to use SQL (Structured Query Language)
back in 1979. By the year 1987 Oracle became the largest database management company in
the world. ERP (Enterprise Resource Planning) platform is the stronghold of the company lately.
In the year 2012, the company launched its cloud suite with Oracle ERP Cloud being a part of it.
With numerous implementations across the globe, Oracle already had very deep roots in the
financial sector. Oracle Financial cloud made its place in the industry very quickly. Oracle ERP
customers greeted it with open hands. With an already trusted platform for database and
financial solutions and the new inclusion of the growing cloud technology, Oracle Financial
Cloud is one of the hottest careers in the ERP sector. Implementation of a platform always
comes with the requirement of the professionals for the same. Oracle Database and Financial
solutions already being popular certifications and are trusted by the industry. With the
introduction of the cloud, the certification portfolio of Oracle has grown a lot. If you are looking
for a career in Oracle ERP cloud, getting certified is a great way, to begin with. It’s a promising
career and offers greater employability prospects. Choosing the right certification to validate
your skills in the area of your specialization is easy with multiple certifications available.
You need to identify the certification you want and then you can choose the right training
partner for the same. CertsOut is one such name which is associated with reliable preparation
for Oracle certifications. Choosing CertsOut is your best bet for a great start.
We will be discussing Oracle ERP cloud certification in general and Oracle Accounting Hub
Cloud certification being our primary focus.
Oracle Financials Cloud Certification Paths

Oracle Financial Cloud Certifications are divided into 5 specialities with one Specialist
certification in each category.
 Accounting Hub Cloud
o Oracle Accounting Hub Cloud 2020 Certified Implementation Specialist
 General Ledger Cloud
o Oracle Financials Cloud: General Ledger 2020 Certified Implementation Specialist
 Payables Cloud
o Oracle Financials Cloud: Payables 2020 Certified Implementation Specialist
 Receivables and Collections Cloud
o Oracle Financials Cloud: Receivables 2020 Certified Implementation Specialist
 Revenue Management Cloud
o Oracle Revenue Management Cloud Service 2020 Certified Implementation
Specialist
In the following section we will be discussing the following certification:

Oracle Accounting Hub Cloud 2020 Certified Implementation Specialist
It is a specialist level certification thus require a background with the Oracle ERP and the cloud
environment to be able to understand the course content.
An Oracle Accounting Hub Cloud Service 2020 Certified Implementation Specialist demonstrates
expertise in implementing Enterprise Resource Planning (ERP) and Financials Cloud solutions in
Accounting Hub Cloud Services. Individuals who earn this certification can analyze transaction
type life cycle, analyze accounting/reporting/audit/reconciliation requirements for accounting
transactions, model considerations, configure Accounting Rules, Register Source System and
PaaS (ICS) integration, update the Registered Source System, perform automation with web
services, adjusting journal entries, and perform diagnostics. Up-to-date training and field
experience are recommended.
Oracle Accounting Hub Cloud 2020 Certified Implementation Specialist Certification Pathway
To earn the certification Oracle Accounting Hub Cloud 2020 Certified Implementation Specialist
the candidate is required to pass the following exam;
 Oracle Accounting Hub Cloud 2020 Implementation Essentials 1Z0-1060-20
Exam Format For the 1Z0-1060-20 Exam

 It is a multiple-choice exam
 Its duration is 85 minutes
 Total number of questions is 55
 Passing score is 64%
Exam Coverage
Following is the list of topics which are covered in the exam: 1Z0-1060-20
Transaction type life cycle
 Analyze and identify transaction type life cycle: transaction type life cycle from the
beginning to closing. For example, booking reservation, confirm, pay, cancel.
Accounting, reporting, audit, and reconciliation requirements
 Analyze accounting, reporting, audit, and reconciliation requirements for accounting
transactions: journal entries, accounts
 Analyze accounting, reporting, audit, and reconciliation requirements for reporting

transactions: journal and line descriptions, reporting attributes
 Analyze accounting, reporting, audit, and reconciliation requirements for reconciliation

transactions: reconciliation reference attribute
Modeling considerations
 Analyze other modeling considerations: transaction type, consolidated vs separated

subledger view, pass through, rule-based, primary ledger only, primary plus secondary
ledger, legal entities
Accounting rule configuration
 Analyze the accounting rule configuration: Journal entries, accounting method, chart of
accounts, accounts derivation, intercompany
Register Source System and PaaS (ICS) integration
 Register Source System and PaaS (ICS) integration (to include "Transaction Information"
and "Line Information" worksheets, and Transaction Objects)
Update Registered Source System
 Update Registered Source System: accounting attribute assignments, sources, event

types
Configure accounting rules and edits on ledger and chart of accounts
 Configure accounting rules and edits on ledger and chart of accounts:

o · Accounting method
o · Journal entry rule set
o · Journal line rule
o · Account rule
o · Mapping set
o · Description rule
o · Supporting references
o · User-defined formula
o · Others: intercompany journal lines, gain and loss journal lines, multiperiod
journal entries, accrual reversal
Transaction data and automation with web service
 Upload transaction data, correct when there are errors, and perform automation with
web service
Reporting and Audit
 Perform Reporting and Audits: create custom OTBI report, create custom BIP report,
security, period close readiness and closing exception reporting and dashboard; FRC
(GL's reporting center: Studio and Smart View); and security (Security includes GL and
Accounting Hub securities)
Adjust Journal Entries
 Adjust journal entries: override, create manual adjustment entries

Diagnostics
 Perform diagnostics (Subledger Accounting Diagnostic - diagnose how sub-ledger

sources and attributes are used in the create accounting process)
Functional Setup Manager
 Explain Functional Setup Manager Offerings, Functional Area and Features, Manage
Setup Data, and Export and Import Setup Data
Security
 Explain Users and Role-Based Access Control
 Describe the Security Console
Preparation for the exam 1Z0-1060-20

Preparing for the 1Z0-1060-20 requires specialized training which includes PDF Study Guides,
Braindumps, Practice Question and Answers, and Testing Engines. CertsOut is a reliable training
partner which offers sure success with a money-back guarantee. CertsOut offers a unique PDF
Package for the exam 1Z0-1060-20. You need to give it a try.
Conclusion:
Oracle Accounting Hub Cloud 2020 Certified Implementation Specialist is one great specialized
certification that makes you ahead of the completion in Oracle ERP Cloud platform. Successfully
passing the exam the 1Z0-1060-20 can earn you this certification.

1Z0-1060-20 - CertsOut - Mansoor

Uploaded by

Copyright:

Available Formats

1Z0-1060-20 - CertsOut - Mansoor

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

1Z0-1060-20 - CertsOut - Mansoor

Uploaded by

Copyright:

Available Formats

Oracle Certifications

Oracle Accounting Hub Cloud 2020 Implementation Essentials

Oracle Financials Cloud Certification Paths

In the following section we will be discussing the following certification:

 Oracle Accounting Hub Cloud 2020 Implementation Essentials 1Z0-1060-20

Exam Format For the 1Z0-1060-20 Exam

 Analyze accounting, reporting, audit, and reconciliation requirements for reporting

 Analyze accounting, reporting, audit, and reconciliation requirements for reconciliation

 Analyze other modeling considerations: transaction type, consolidated vs separated

 Update Registered Source System: accounting attribute assignments, sources, event

 Configure accounting rules and edits on ledger and chart of accounts:

o · Journal entry rule set

o · Journal line rule

 Adjust journal entries: override, create manual adjustment entries

 Perform diagnostics (Subledger Accounting Diagnostic - diagnose how sub-ledger

 Explain Users and Role-Based Access Control

 Describe the Security Console

Preparation for the exam 1Z0-1060-20

You might also like