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Oracle Accounting Hub Cloud, released in 2017, leverages Oracle Integration Cloud Service to provide seamless integration of multiple source systems with Oracle ERP Cloud. The platform automatically integrates data from different sources into a single, standardized accounting system, providing a unified view of financial data. The Oracle 1Z0-1060-20 Exam tests candidates on their knowledge and skills in implementing Accounting Hub Cloud solutions.

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Oracle 1Z0-1060-20 Exam Syllabus Topics:

SectionObjectives
Topic 1: Reporting and Reconciliation- Financial reporting outputs
  • 1. Journal and subledger reporting
    • 2. Reconciliation processes
      Topic 2: Accounting Hub Cloud Overview- Architecture and key components
      • 1. Integration with Oracle Financials Cloud
        • 2. Accounting Hub Cloud positioning and use cases
          Topic 3: Data Integration and Processing- Transaction processing
          • 1. Accounting entry generation process
            • 2. Importing source transactions
              Topic 4: Implementation and Administration- Deployment and maintenance
              • 1. Security and roles setup
                • 2. Troubleshooting and monitoring
                  Topic 5: Accounting Rules and Mapping- Accounting rule definition
                  • 1. Rules-based accounting configuration
                    • 2. Mapping sets and derivation rules
                      Topic 6: Configuration and Setup- Initial setup tasks
                      • 1. Source system configuration
                        • 2. Ledger and accounting setup considerations

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