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1Z0-508 Oracle Fusion Financials 11g General Ledger Essentials

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1Z0-508 exam Dumps Source : Oracle Fusion Financials 11g General Ledger Essentials

Test Code : 1Z0-508
Test Name : Oracle Fusion Financials 11g General Ledger Essentials
Vendor Name : Oracle
Q&A : 127 Real Questions

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Oracle Oracle Fusion Financials 11g

Get Oracle Fusion Financials online practicing at AADSEducation for more convenient monetary administration | Real Questions and Pass4sure dumps

several types of stories must be generated by using a financial organization. often, these reviews are handled by way of different individuals and ought to move information from one to an additional to conclude reports. essentially the most regular issue these people go through is handling information it is out of date; not up to date or ineffective searches that make statistics gathering a time drinking project.

To handle these considerations, Oracle presents Oracle Fusion Financials; a part of Oracle Fusion applications which seamlessly reduces workload and retailer time by using integrating economic modules; demonstrate changes in statistics true-time by the use of dashboard and reporting equipment.

gain knowledge of foremost industry practices via Oracle Fusion Financials online practising supplied through AADSEducation these days.

Why Oracle Fusion Financials?

Financials organization always seek more productive the right way to lower their price range spends on reporting whereas being effective. Oracle Fusion Finance presents such features with integration elements along with spreadsheets, lowering the can charge of aid-intensive initiatives. while spreadsheets are nevertheless king in managing facts, effective approaches of taking part, sharing facts is a busy assignment because it comprises replacing facts manually aka transferring data, making bound it is the updated doc.

Oracle Fusion financials eliminates such projects with an built-in dashboard the place people can save information to the cloud; edit, share and replace real-time which is advantageous for taking part comfy. although different opponents offer such facets, Oracle Cloud family unit is the commonly employed business application which set new requisites for finance trade.

Oracle Fusion Financials helps managing a economic firm’s procedures through automating, streamlining and controlling via its built-in financial administration suite. applications corresponding to familiar ledger, Account Payables and Receivables, property, expenses, money management, typical modules from EBS are integrated into one platform and might be accessed via any person to accumulate records in addition to view updates precise-time.

Oracle Fusion Financials working towards at AADSEducation:

Our strategy to Oracle Fusion functions training is enjoyable. We train company methods, ideas to people who not ever labored on different structures and then mapping, implementation. For professionals who at present work on EBS or identical systems, we coach them without delay on mapping and implementation in Oracle Fusion monetary.

Our Oracle financials practising route is guided by way of specialists in the industry who've two decades of global experience in the field of IT and finance. through this application you could be in a position to study working with conventional Ledger, account payables and Receivables, belongings, money, Tax and charges administration, budgeting and funds controls. With, oracle cloud financials practicing route, you should be capable of implement, deploy and integrate Oracle Fusion Financials for greater workflows.

path outline:

AADSEducation’s Oracle fusion financials direction define is on par with Oracle school course. besides the fact that children, our streamlined direction is as below:

  • Introduction to Oracle Fusion Financials: the use of quick implementation assignment listing with Oracle purposeful Setup manager
  • verify a successful implementation with the aid of picking out key concepts of Oracle Financials fast Implementation
  • put into effect Oracle Financials using Oracle purposeful Setup supervisor
  • realizing of usual software configuration for Financials
  • realizing integration features, implementation consideration based on enterprise buildings
  • Setup common Ledger, accounting rules, tax and so on related items to support economic workflows
  • via the conclusion of oracle Fusion economic working towards, individuals may be capable of put in force, configure and installation solutions required for economic agencies saving time and without problems use equipment for reporting. For more counsel about this direction.

    ECCU shares ups, downs of Oracle Fusion Financials migration | Real Questions and Pass4sure dumps

    The Evangelical Christian credit Union migrated from E-company Suite to Oracle Fusion Financials. It reduce prices...

    but misplaced out on integration.

    At Collaborate sixteen, Mary Furman, software manager for the Evangelical Christian credit score Union (ECCU), described the process of migrating from on-premises Oracle E-business Suite fiscal applications to Oracle Fusion Financials in the cloud. while the corporation succeeded in chopping prices, there are nonetheless some issues that Furman misses about working on premises.

    "in case you circulation to Fusion from E-business Suite, it be now not an improve," Furman mentioned. "it's in reality a brand new implementation." Furman discovered that Fusion runs slowly and can absorb to a few minutes to reload after an replace. She spoke of, "or not it's all the time sluggish if you are used to E-company Suite with the server on premises." She described the stream to cloud as an "adjustment." The gaining knowledge of curve for the security gadget has been particularly steep, she talked about. "The safety setup in E-enterprise Suite is terribly distinct in Fusion. i am having some difficulty learning protection." although, Furman mentioned, "on every occasion any person complains about Fusion, I say that we're saving a boatload of money."

    The circulate to the cloud changed into inspired via the deserve to cut charges throughout the economic recession of the early 2000s. The wake-up call got here when ECCU had its first church foreclosure in 40 years. "It looks pretty bad to foreclose on a church," Furman mentioned.

    The Brea, Calif.-primarily based credit score union, which works with 1,seven-hundred ministries and three,900 missionaries across 122 nations, all started downsizing. Oracle E-enterprise Suite got here with a lot of fees, akin to licensing can charge, group of workers, support and the protection of the various customizations the ECCU necessary. So, the organization spent six months contemplating the deserves of the cloud earlier than figuring out to make the soar to Oracle Fusion applications. Furman all started the implementation in February 2015 with a go-live date set for July 1, 2015. She became capable of implement the assignment on time.

    earlier than its circulate to the cloud, the ECCU used SQL Server and Oracle enterprise Intelligence Discoverer for reporting. The core banking application changed into now not an Oracle product however did run on excellent of an Oracle database. Furman spoke of that the ECCU reached its current configuration after going over 24 permutations of E-business Suite and Fusion, for the reason that the affect on end clients, the typical integration of the equipment, the implementation time and the timing in the fiscal year. The ideal situation, Furman said, would have been to maintain or even raise the integration of the financials with HR and payroll. despite the fact, whereas this changed into viable, it could have taken more time and funds than the ECCU was willing to allocate. The tooling required to maintain the mixing would have pushed the go-are living date back to Jan. 1, 2016, according to Furman.

    if you flow to Fusion from E-company Suite, it's not an upgrade. it's in fact a new implementation. Mary Furmanapplication supervisor, Evangelical Christian credit score Union

    The existing configuration replaces the financial module of Oracle E-business Suite with Oracle Fusion Financials, while human resources and payroll remain on premises. Furman said, "The draw back is, we're no longer built-in anymore." To reduce charges, the ECCU dropped the computerized syncing between banking and payroll and now enters the alterations with the aid of hand. whereas Furman hasn't given up on the probability of moving payroll to the cloud, she stated "Fusion just wasn't fairly capable for the payroll answer."

    Furman and her team also bumped into problems specific to economic associations. for instance, Furman spoke of Oracle E-enterprise Suite instantly up to date the depreciation of the price of objects like paintings and laptops, however with the Oracle Fusion Financials, all that tips must be entered by way of hand. The ECCU additionally had to dispose of using company credit cards as a result of loading value onto them with Oracle Fusion Financials proved to be complex. Furman has additionally had issues with updating data and she or he and her crew have switched to updating records simplest on an as-crucial foundation.

    youngsters, the implementation itself passed off with little difficulty, Furman spoke of. "i was anticipating a lot of mobilephone calls, however there have been no concerns. I felt like the Maytag restoration man."

    Oracle publicizes Oracle Fusion business purposes | Real Questions and Pass4sure dumps

    › greater business e mail characteristic Articles

    September 21, 2010

    Oracle proclaims Oracle Fusion enterprise purposes

    with the aid of Rajani Baburajan, TMCnet Contributor

    Oracle, a provider of business utility and hardware methods, announced the next generation of enterprise purposes, Oracle (information - Alert) Fusion purposes, which would permit customers to prolong the value of their utility ambiance through surroundings the typical for software architecture, design and use.

    in keeping with business officials, Oracle Fusion purposes have set a brand new usual for the users to innovate, work and adopt expertise.

    The application offers performance for a lot of industries and geographies in monetary management, procurement and sourcing, mission and portfolio administration, human capital administration, customer relationship management, give chain administration, and governance risk and compliance.

    one of the most merits of the application is the provider-oriented architecture. The software helps users control functions throughout a heterogeneous atmosphere akin to dispensed order orchestration and shared capabilities procurement.

    The software offers a role-based mostly user event, combining company intelligence, exception-based mostly processing, transactions and collaboration in the context of the work being performed, the business pointed out.

    a further important function of Oracle Fusion functions is the embedded business intelligence, through which it gives suggestions to take the appropriate selections inside the context of the work being carried out without drawing near a separate BI device.

    Oracle Fusion software is built on a groundwork of 100% necessities-primarily based middleware using a provider oriented method and a typical data mannequin. It advantages each the company and IT, accelerating the pace of exchange and innovation while concurrently reducing both brief and lengthy-term fees, the company noted.

    The simplified configuration and a common data model enable a metamorphosis-once-alternate in all places method to enterprise speeding the pace of innovation and decreasing the barriers and delays.

    Oracle Fusion application elements a role-based mostly consumer event that integrated enterprise intelligence, exception-based alerts and collaboration means delivered collectively within the context of the work being performed, business officials talked about.

    The application provides groups the alternative of adopting a modular vogue and operation decisions and to scale up and down depending upon the alterations in the enterprise needs.

    Oracle Fusion purposes give a set of deployment alternatives such as on premise, private clouds, public clouds, and company manner outsourcing or a mixture of those.

    valued clientele undertake Oracle Fusion utility to observe a modular style and to co– exist with the present applications.

    recently Oracle additionally introduced Oracle WebLogic Server 11g, a element of Oracle Fusion Middleware, operating Oracle Linux on a HP ProLiant DL980 G7 server, along side Oracle Database 11g, performed a world checklist single-node outcome with the SPECjAppServer2004 business average benchmark.

    Rajani Baburajan is a contributing editor for TMCnet. To study extra of Rajani's articles, please consult with her columnist web page.› greater Unified Communications function Articles

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    170 Systems to Offer 170 MarkView Financial Suite with Oracle® Database 11g | real questions and Pass4sure dumps

    Shared customers will benefit from increased scalability, manageability and Security of their mission-critical systems

    NEW YORK CITY, July 11 / -- 170 Systems today announced that it will offer its flagship product line, the 170 MarkView Financial Suite, based on Oracle® Database 11g. The new performance, scalability, manageability and application development features in Oracle Database 11g will enhance 170 MarkView Financial Suite's performance and value for its Global 2000 customer base.

    One of the earliest Certified Advantage Partners in the Oracle PartnerNetwork, 170 Systems has deployed the 170 MarkView Financial Suite in the world's largest companies to optimize and manage their financial processes. The 170 MarkView Financial Suite, which is integrated with the Oracle Database and Oracle Fusion Middleware, will extend Oracle Database 11g's new benefits to its users.

    "Our customers collectively process well over $100 billion in critical financial transactions annually with the 170 MarkView Financial Suite and need a secure and reliable database platform that can adapt and scale quickly to support their growing and changing organizations. The Oracle Database 11g will further enhance these areas for our customers, while helping to reduce the time, effort and cost of maintaining their information systems," said Karl Buttner, Chairman and Chief Technology Officer of 170 Systems. "170 Systems is very pleased to have worked closely with Oracle as part of the Oracle Database 11g Beta program," Buttner added.

    "We were delighted that 170 Systems participated in the Oracle Database 11g Beta Program," said Willie Hardie, vice president of Database Product Marketing at Oracle. "Oracle Database 11g delivers a wide range of new development and management features that will help partners like 170 Systems offer customers faster performance and more scalability from their application solutions."

    About Oracle Database 11gOracle Database is the only database designed for grid computing. With the release of Oracle Database 11g, Oracle is making the management of enterprise information easier than ever, enabling customers to know more about their business and innovate more quickly. Oracle Database 11g delivers superior performance, scalability, availability, security and ease of management on a low-cost grid of industry standard storage and servers. Oracle Database 11g is designed to be effectively deployed on everything from small blade servers to the biggest SMP servers and clusters of all sizes. It features automated management capabilities for easy, cost-effective operation. Oracle Database 11g's unique ability to manage all data from traditional business information to XML and 3D spatial information makes it the ideal choice to power transaction processing, data warehousing, and content management applications.

    About Oracle PartnerNetworkOracle PartnerNetwork is a global business network of more than 19,500 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualify for the Oracle Certified Partner levels. Partners who are able to demonstrate the highest level of product knowledge, technical expertise and a commitment to business with Oracle qualify for the Oracle Certified Advantage Partner level. These partners receive a higher level of service, support, training and certification from Oracle.

    About 170 Systems170 Systems is the proven leader in software solutions that manage and optimize financial processes for the world's largest companies. With over 40 percent of its customers in the Global 2000, 170 Systems' software embeds best practices in the end-to-end automation of financial processes, including Accounts Payable, Expense Management, Procurement, Accounts Receivable, Asset Management, General Ledger and Project Re-Billing. The result is an unmatched solution that ensures cost-effective and timely management of all transactions via a consistent process so that finance organizations can reduce operating costs, strengthen internal controls, improve service levels and maximize cash flow. 170 MarkView, the company's flagship product suite, is tightly integrated with leading ERP systems and is operational in more than 40 countries worldwide.

    For more information about 170 Systems, please call 781.743.1900 (North America), +44 0208 610 6009 (other regions) or visit

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    NO.1 When working with Essbase, versions of the tree hierarchy as defined in the Fusion notavailable in the Essbase balances cube.What should you do to correct this situation?A. Make sure the tree version was published successfully.B. Make sure to flatten the rows of the tree version.C. Make sure the tree is active.D. Redeploy the chart of accounts.Answer: D

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    NO.2 Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They useintercompany entries.What is Oracle’s recommended best practice when implementing; a new chart of accounts? Howmany segments and what segment qualifiers should be used?A. Define four segments for the company, department, account, and intercompany segment.The qualifiers should be primary balancing segment, cost center segment, natural account segment,and intercompany segment, respectively.B. Define five segments for the company, department, natural account, intercompany, and future usesegment. The qualifiers should be primary balancing segment, cost center segment, natural accountsegment, intercompany segment, and no qualifier, respectively.C. Define three segments tor the company, department, and natural account. The qualifiers for thefirst segment should be primary balancing segment and intercompany segment, cost center segment,and natural account segment, respectively.D. Define three segments for the company, department, and natural account. The qualifiers shouldbeprimary balancing segment, cost center segment, and natural account segment, respectivelyAnswer: B

    NO.3 Your customer operates three shared services that perform accounting functions across 50countries.What feature allows them to share setup data, such as Payment Terms, across Business Units?A. Data Access SetsB. Business Units functionsC. Reference Data SetsD. None. Setup data is partitioned by Business Unit and must be defined separately per Business Unit.Answer: B

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    Cal State Adds BI to Cross-Institutional Data Warehouse Project | real questions and Pass4sure dumps

    Business Intelligence | News

    Cal State Adds BI to Cross-Institutional Data Warehouse Project
  • By Dian Schaffhauser
  • 08/09/10
  • The California State University system recently deployed Oracle's Business Intelligence (BI) Enterprise Edition on three of its 23 campuses as part of an ambitious cross-institutional project called the "Common Financial System Reporting and Data Warehouse."

    Cal State's initiative is intended to deliver reporting and analytic capabilities through a centrally maintained, enterprise-wide financial reporting environment and data warehouse. A goal is also to allow individual campuses to maintain reporting flexibility for their own purposes.

    The latest installation combines the BI capabilities with a previous deployment of Oracle PeopleSoft Enterprise Financial Management 9.0. The project is expected to last through July 2011. Current deliverables, according to a draft report published by Cal State in May, focus on general ledger data and reporting. Additional capabilities will be rolled out on a quarterly basis, with priorities set by a governance committee made up of representatives from a number of functional areas and institutions.

    "Considering the tough economic climate for higher education institutions throughout the country, it is critical for universities to gather business-critical information in a concise and efficient manner to ensure they are making optimal financial decisions," said Jessie Lum, senior director for the common management system in the chancellor's office. "Oracle's solutions will provide CSU with the relevant and timely information it needs to develop effective short and long-term strategies for the university."

    Several other institutions are also deploying Oracle systems, including Texas A&M University, Washington State University, and the University of Massachusetts system.

    U Massachusetts is using Oracle's BI application in an upgrade of the five-campus institution's human resources system. The deployment will incorporate HR data into executive-style dashboards. The dashboards will pull data from the university's PeopleSoft applications to support areas ranging from grants management to enrollment management. For example, the university's first set of dashboards provides role-based access for research grant data, enabling users such as administrators and principal investigators to track grant spending across the duration of the grant, alerting them if they're tracking over or under budget thresholds.

    The enterprise reporting program "provides users at all levels of the university easy access to financial information in a comprehensive format," said Jacqui Watrous, director of administrative systems for administration and finance. "We are creating dashboards that summarize our data, giving administrators the ability to see trends and details that help them efficiently manage operations."

    Washington State in Pullman is working with Oracle consultants to update its student data systems. This set of applications, many of which are 30 to 40 years old, maintains basic university functions including admissions, registration, financial aid, student records, and collection of tuition. Replacement of the "crippled" systems is urgent, according to the institution. In August 2009 Web programs that provide several of these student functions failed during registration and were unavailable for four days.

    The upgrade project was scheduled to begin in July 2010 with completion slated for October 2012. The project received $15 million in emergency funding from the state legislature.

    The new deployment will combine PeopleSoft Enterprise Campus Solutions with Oracle Database Enterprise Edition. The university system will also use Oracle's BI suite and Campus Fusion Intelligence to deliver information about student data via dashboard. Washington State opted to have the new programs hosted by Oracle.

    "By using Oracle On Demand to host our student solution, we will be able to minimize risk and maintenance efforts as well as deliver the project on time," said Viji Murali, CIO and vice president for information services.

    At Texas A&M, the Texas Engineering Experiment Station (TEES) has deployed Oracle software to help track and manage research activities. The installation includes Database 11g and several components of Fusion Middleware, including WebCenter Suite 11g and Universal Content Management. TEES has developed the platform and hosts it in a shared services model for other agencies and institutions within the A&M system.

    The software is enabling researchers to customize their individual portals and communicate with internal and external visitors through wikis and blogs. As adoption by researchers continues, TEES will roll out additional social computing tools included in WebCenter, such as workspaces, presence awareness, tagging, and a business networking tool.

    "Managing information and research projects across a number of different institutions was becoming a very costly, complex and time consuming process," said Leonarda Horvat, CIO and director of Information Systems at TEES. "To streamline this process and empower our researchers with a more dynamic and flexible user interface, we decided to deploy Oracle [products]. As a result, we have not only simplified information access, but also improved collaboration."

    About the Author

    Dian Schaffhauser is a senior contributing editor for 1105 Media's education publications THE Journal and Campus Technology. She can be reached at or on Twitter @schaffhauser.

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