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Oracle Accounting Hub Cloud 2025Implementation Professional Sample Questions (Q17-Q22):

NEW QUESTION # 17
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

Answer:

Explanation:
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.

NEW QUESTION # 18
Which three duty roles are required to perform Accounting Hub setup tasks?

A. Accounting Hub Administration
B. Application Implementation Consultant
C. Accounting Hub Integration
D. Accounting Hub Maintenance
E. Subledger Accounting Manager

Answer: B,C,E

NEW QUESTION # 19
Which two actions can you accomplish for a registered source system?

A. Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet
B. Add new event classes through the user interface
C. Modify the subledger application name as long as there are no pending accounting entries
D. Revise source Information through the user interface and add more sources

Answer: A,D

NEW QUESTION # 20
Apart from a mapping set-based account rule, which is the other way to retrieve segment values for journal entries?

A. Define an account rule with conditions
B. Define a chart of accounts rule with conditions
C. Define a lookup type rule with conditions
D. Define a flexfield rule with conditions

Answer: A

NEW QUESTION # 21
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 for China
B. Standard Accrual for USA
C. Standard Accrual with Encumbrances
D. Standard Accrual for Japan
E. Standard Accrual

Answer: A,C,E

NEW QUESTION # 22
......

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