Free Jul-2023 1z0-1060-22 Dumps are Available for Instant Access [Q43-Q61]

NO.43 A new source system has been registered into Accounting Hub Cloud. Users are actively using this new subledqer. Subsequently, the business signed up a contract with a new supplier. A new mapping value that maps suppliers with the accounts needs to be added. You make updates on the mappings in the existing mapping set rule by adding more mapping valued.
After saving the update, what is the next required action?

NO.44 What can you override in a completed subledger journal entry?

NO.45 After registering a new source system into Accounting Hub and going live for a short period, your customer identified the need to add additional transaction sources. What should you do?

NO.46 You need to build a complex account rule. Which four value types can you use in your definition?

NO.47 Which tool enables developers to produce real-time information by creating analyses and reports by suing graphs, charts, and tables?

NO.48 To support foreign currency transaction in Accounting Hub, which accounting attributes must be assigned a source?

NO.49 How many transaction event classes can be set up for a subledger uploaded to Accounting Hub Cloud?

NO.50 Most of the accounting entries for transaction from the source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use the TAX_AMOUNT source.
At what level can you override the default accounting attribute assignment?

NO.51 What is NOT included in the minimum required accounting attribute assignments?

NO.52 What is “Opt-In,” in the context of the Functional Setup Manager?

NO.53 Invoices received from a source system need to use a specific account based on 30 different expense types. However, if the invoice is from a certain supplier type, it needs to go to a default account regardless of the expense type.
What is the solution?

NO.54 Which four components are related to the Accounting Hub?

NO.55 Which three duty roles are required to perform Accounting Hub setup tasks?

NO.56 Which two components are used as part of the accounting event model?

NO.57 Given the journal:

What is the terminology that is used to identify the “Account Number’, ‘Original Balance’ ,and ‘Origination Date’ fields?

NO.58 After supporting references balances setup component is tagged to subledger journal entries, what type of reports need to be created so that the information is available to users?

NO.59 Which three duty roles are required to perform Accounting Hub setup tasks?

NO.60 Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

NO.61 ‘Insurances for Homes’ company provide home insuranceservice. They have in-house built system that processes home insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the journal entries.
Insurance premiumIs to be recognized as income across the coverage period of the insurance policy. What are the two types of journal lines that need to be set up to generate recurring journal entries for insurance premium in each accounting period?