Workday Financials Training

Learning objective: This module has been designed to explain to you about a concept called Organization, which is a fundamental aspect to manage financial and nonfinancial information: 

Topics:

• • Introduction to Organization
  • Overview of Company, its Hierarchy
  • Company Contact details, and account details 
  • Company Billing Information
  • Edit Company Tax Details
  • Cost centre and cost Hierarchy 
  • Cost centre manager role
  • Maintain Organization Subtypes
  • Custom Organizations
  • Maintain Organization Types

Learning Outcome: Upon the completion of this module you will have gained hands-on exposure in working with various tasks of a Workday organization.

Learning Objective: This module has been designed to teach you the process to configure a financial account on the Workday platform. 

Topics:

• • Introduction to Financial Accounting
  • The process to configure the financial account 
  • Account control rule
  • Company Chart of Account
  • Company Accounting Details
  • Financial Transaction Flow
  • Fiscal schedule, Fiscal Year, and Financial schedule
  • Ledger Period Status

Learning Outcome: You will have gained hands-on experience in configuring a financial account configuration.

Learning Objective: This module will introduce you to the various account posting rules in Workday.

Topics:

• • Overview of account posting rules 
  • Multipurpose Rules
  • Business Asset Rules and Spend Rules
  • Supplier Accounts
  • Revenue Rules
  • Customer Accounts

Learning Objectives: You will have gained a complete overview of the various account posting rules available on the Workday platform.

Learning Objective: In this module will help you handle various tasks available in accounting journals.

Topics:

• • Introduction to Accounting journals
  • Operational journal
  • Journal creation security
  • Manual journal
  • Journal Setup
  • Journal posting rule
  • Creation of a Reversal Accounting Journal
  • Generating a Recurring Journal
  • EIB – Upload a Journal Entry

Learning Outcome: You will have gained hands-on experience in journal configuration and handling various journal tasks on the Workday tool.

Learning objective: This module has been designed to teach you all the fundamental concepts of a supplier in the workday. 

Topics:

• • Introduction to Supplier Concept
  • Supplier Setup and security setup 
  • Supplier event
  • Supplier category
  • Supplier Business process
  • Supplier hierarchy
  • Supplier group
  • Supplier activity control
  • Supplier connection
  • Create Supplier
  • Purchase Items and Spend categories 
  • Maintain Spend Category
  • Create Purchase Item
  • Edit Posting Rule
  • Purchase Item group
  • Supplier account
  • Supplier payment method
  • Supplier status

Learning Objective: You will have gained hands-on experience in implementing all the above concepts.

Learning Objective: This module has been designed to equip you with a complete understanding of the Supplier invoice in workday financials.

Topics:

• • What is the Supplier’s invoice? 
  • Invoice Adjustment 
  • Invoice status management 
  • Supplier invoice auto-creation
  • Supplier invoice creation 
  • Supplier invoice security
  • Supplier invoice Workflow
  • Supplier contract
  • Recurring supplier Invoice
  • Supplier Accounting Detail
  • Supplier contract
  • Supplier invoice auto-creation
  • Supplier invoice scheduling

Learning Outcome: Upon the completion of this training you will have gained hands-on experience in handling various tasks related to Supplier invoices.

Learning Objective: This module deals with the end to end operations associated with the backing and cash management in Workday financials.

Topics:

• • Fundamentals of Banking and Settlement
  • Cash Flow
  • banking settlement key features
  • Financial Institute
  • Bank Setup
  • Creation of a bank account
  • Bank set up pre-task
  • Bank routing rule
  • Workday 
  • Settlement Overview
  • Settlement work area
  • Settlement processing chain
  • Printing bank check task
  • Settlement run date
  • Ad hoc Payment  and settlement

Learning Outcome: You will have gained end to end knowledge of banking and settlement concepts in the workday financials platform.

Learning Objective: This module has been designed to teach you various tasks associated with handling tasks related to customers.

Topics:

• • Security for customer setup
  • Customer Configuration
  • Maintain Customer Groups
  • Maintain Customer Category
  • Customer creation
  • Managing customer groups 
  • Customer Hierarchy
  • Revenue Categories
  • Sales Item preview
  • Sales Item Group
  • Sales Items
  • Edit posting rule for customer payment
  • Deferred sales Item

Learning Outcome: You will have gained practical exposure in customer configuration, security setup, customizations, etc.

Learning Objective: This module teaches you the fundamentals of customer invoices and multiple concepts involved in it.

Topics:

• • Fundamentals of Customer Invoice
  • The process to create a customer invoice
  • Making adjustments to customer invoice
  • Security aspects of a customer invoice
  • View customer invoice accounting
  • Printing customer invoice
  • Customer invoice Email
  • Sending Invoice to customers
  • Auto adjustment of a customer invoice

Learning Outcome: You will have gained hands-on exposure in customer invoice creation and gain knowledge to handle various customer invoice tasks on your own.

Learning Objective: This module has been designed to teach you the process to handle various customer-specific concepts.

Topics:

• • Fundamentals of Customer Receipts
  • Customer Reporting
  • Customer Account Management
  • Cash sales
  • Write off bad DEBT
  • Customer payment recording
  • Customer payment deposits
  • Cash sales record
  • Receivable ageing report
  • Modify the cash sales BP
  • Receivables Aging Reports
  • Customer statements

Learning Outcome: You will have gained all the knowledge to handle all the tasks related to customer receipts.

Learning Objective: This module will teach you the process to configure business assets.

Topics:

• • Fundamentals of Business Asset configuration 
  • Adding asset books to the company
  • Managing Spend Category
  • Managing Depreciation Profiles
  • Purchase Business Asset
  • Edit Posting Rule
  • Business asset security
  • Business asset record appreciation

Learning Outcome: You will have gained hands-on experience in business asset configuration and learn to handle various tasks associated with asset configuration.

Learning Objective: This module deals with the most essential concept which is business asset lifecycle.

Topics:

• • Fundamentals of Business Asset LifeCycle
  • Business Assets purchasing 
  • Business Assets Registration
  • Transferring Business Assets
  • View Business Asset History

Learning Outcome: Upon the completion of this course you will have gained the end to end knowledge of Business Asset Life Cycle.

Learning Objective: You will learn about the availability of multiple financials available on the Workday platform.

Topics:

• • Introduction to various Financials Reports 
  • Workday Standard report
  • Run standard and expresso report
  • Standard vs expresso report
  • Trial balance Report
  • Balance By Bank Report
  • Ledger detail report
  • Find customer
  • Find journal
  • Find customer payment
  • Find customer invoice
  • Settlement report

Learning Outcome: You will gain hands-on experience in working with all the reports listed above.

Learning Objective: This module deals with the Report related tasks available in the Workday and the process to handle them.

Topics:

• • Goals & Objectives
  • Delivered Reports
  • Fields & Instances and Business Objects, 
  • Selecting a Data Source
  • Report Types
  • Steps to Create a Report
  • Report Data Sources
  • Selecting a Data Source
  • Report Writer Navigation
  • Filtering reports
  • Simple and complex reports 
  • Advanced filtering options 
  • Transfer Ownership
  • Report Run History
  • Sharing Reports
  • Scheduling reports

Learning Outcome: Upon the compilation of this module you will have gained complete knowledge to work with reports and handle various reports related tasks.

Learning Objective: In this module, you will learn more about the business process framework and its configuration.

Topics:

• • Business Process Framework
  • Business Process Configuration
  • View Business Process Diagram
  • Business Process Functionality
  • Business sub-processes 
  • Request compensation
  • Business process condition rule
  • Business process Delegation
  • Approval chain in business process

Learning Outcome: You will gain hands-on experience in the business process configuration and also ready to work with various business process functionalities.

Learning Objective: This module has been designed to teach you all the security concepts.

Topics:

• • Fundamentals of Workday Financial securities
  • Configurable Security
  • Security policies
  • Role-based security groups 
  • Domain security policy 
  • Security group types
  • Business process security policy
  • Creating custom Security Groups
  • Making changes to Business Process Security Policy
  • Making changes to Domain Security Policy

Learning Outcome: you will have gained hands-on exposure in working with various security aspects.