1Z0-975 Oracle Accounting Hub Cloud 2017 Implementation Essentials

Exam Number: 1Z0-975
Exam Title: Oracle Accounting Hub Cloud 2017 Implementation Essentials
Associated Certification Paths : Oracle Accounting Hub Cloud 2017 Certified Implementation Specialist
Duration: 105
Number of Questions:  60
Passing Score: 64%
Validated Against: Exam has been validated against R13.
Format: Multiple Choice

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Additional Preparation and Information

A combination of Oracle training and hands-on experience (attained via labs and/or field experience) provides the best preparation for passing the exam.
Our certification exams are revised regularly to align with training and product release updates. Information about exam revisions and new topics are found on this page under ‘Validated Statement’ and within the exam topics below. Certifications reflect validated skills for year and product release version date of achievement. If you are preparing for this exam, we recommend you check these topics periodically to ensure your exam prep covers any new topics that may be added based on regular exam revision.

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:
Accountng method
Journal entry rule set
Journal line rule
Account rule
Mapping set
Description rule
Supporting references
User-defined formula
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 subledger sources and attributes are used in the create accounting process)

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