Workday Financials Training Overview

Workday Financials Online Training

Become an expert in handling the cloud-based financial management system by enrolling into experts designed Workday Financials training. Our certified Workday mentor will help you learn all the modern cloud financial management skills by following a cutting edge course curriculum. In this Workday financials course, you will gain in-depth knowledge of the core financial areas such as accounting configuration, accounting journals, account posting rules, workday reporting, business process framework, and much more through real-time scenarios. During the course, you will also work with two live projects and prepare for clearing the Workday financials certification. Learn workday financials from real-time experts by Joining CourseDrill.

Why should you learn Workday Financial?

Why CourseDrill?

CourseDrill is a leading online Workday Financials training provider in the market with world-class industry experts as it’s trainers. We have been the first choice for many finance aspirants over the past 7 years and till today we have successfully trained 8,000+ aspirants on this tool globally. Our unique features like real-time trainers, industry-oriented course curriculum design, practical teaching methodology, placement assistance, world-class support system, etc, have made us the best workday financials training providers in the market. Join the league of high paying Workday Financial professionals by learning real-time skills from CourseDrill.

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Workday Financials Training Details:

What is Workday Financials?

Workday Financials is a cloud-based powerful financial management system that equips the organizations with the capabilities to manage transaction processing, consolidation, multidimensional reporting, planning and execution, all from a single interface.

Workday has become a number one tool in the cloud financial management segment with its powerful features such as accounting and finance, financial reporting and consolidation, revenue management, financial planning, projects, expenses, grants management, Inventory, procurement, project billing, and audit and Internal controls.

About Workday Finance certification course

CourseDrill offers you a comprehensive online Workday Financials training and transforms you into a job-ready professional with the right skills. During this online workday financials course, you will be learning the concepts such as workday organization, account posting rules, suppliers, invoices, banking and settlement, business asset set-up, financial reports and much more.

In spite of delivering you the best Workday Financials training online, you will also get many other extra learning resources which include, advanced material for Workday interview questions, free recorded Workday financials training videos, resume preparation, workday financials training material, and also access to the valuable Workday tutorials.

What will you learn in this Workday financials online course?

In this Workday financials certification course you will learn:

    • Fundamentals of Workday Financials
    • Designing documents 
    • Financial accounting setup
    • Learn staffing models, EIB & report write and compensation
    • Process to employ transactions 
    • Complete knowledge of security policies
    • Become familiar with Workday terminology
    • Working with two real-time projects
    • Interview preparation 
    • Workday certification Financials certification

Are there any prerequisites to learn Workday Financials?

As such there are no mandatory prerequisites to join this course. Anyone who is passionate to build their career in an advanced cloud-based financial management suite can join this course.

Who can Join this Workday Financials online Training?

Following are the professionals who can advance in their career by learning Workday financials course: 

    • Testing Professionals
    • Data Scientists
    • Business Intelligence Professionals
    • Business Analysts
    • Non-IT professionals

How much does the Workday Financials training cost?

Quality never comes cheap! This is a universal fact, but with an aim to deliver high-quality Workday Financials online training to all, we offer this course at a very affordable cost. You can get Workday Financials training cost details by calling or doing Whatsapp at +91-93473 84580 or write to us at [email protected].

Does CourseDrill offer Workday Financials corporate training?

Yes, we offer customized Workday Financials corporate training to cater to the unique needs of organizations and help them in transforming their workforce with the latest cloud finance management skills. Our certified trainers will design and deliver course content that fits your unique learning needs.

Does CourseDrill offer Self-Paced Workday Financials training videos?

Yes! We do offer high-quality Workday Financials training videos to make your learning time constrain free. This option will help you gain in-demanded skills at a convenient time. All these Workday Financials course videos are taught by subject experts. If you come across any doubts during your learning process, our expert team will connect you with the appropriate trainer and solve your doubts.

Workday Financials Course Content:

At CourseDrill the Workday Financials course content has been designed by the industry experts and updated regularly to provide you with fresh industry skills. Following are the Workday Financials training syllabus modules that we are going to cover in this 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.

Modes of Training

Self-Paced Learning
Online Instructor LED
Corporate Solutions

Workday Financials Certification

Qualifying Workday finance certification demonstrates your expertise in handling complex operations related to cloud-based financial operations and sets you apart from your peers as an expert. Top ranking global organizations are looking for certified professionals and offering good packages.

At CoursesDrill the Workday Financials course content is in line with the certification modules and helps you become fundamentally strong from the very beginning. Moreover, you will also receive a Workday Financials course completion certification upon the successful competition of the course. This certification is well recognized across all the MNC’s and demonstrates you as a well-trained candidate.

Workday Financials Projects

To equip you with the practical knowledge along with the theoretical concepts, we have included two live projects in this programme.  During this course, you will be executing all the concepts in real-time and gain hands-on experience.

Frequently Asked Questions On Workday Financials Training

With an aim to make the learning process simple and flexible, CourseDrill offers two different modes of training which are Instructor-led training and Self-paced training. Apart from this CourseDrill also offers corporate training to the organizations across the world for updating their workforce on the latest technologies.

Yes, upon the successful completion of the course you will get all the assistance required to get into your dream job from our placement department. CourseDrill has partnered with 1000+ companies all around the globe and we share your resume with all these companies for exposing you to the right opportunities. Apart from this, you will also receive extra benefits from the expert team which include interview preparation, resume building, etc.

At CourseDrill we follow a practical approach in designing all the online courses.  Each course consists of two latest and easy to understand projects. Working with projects during the training period will help you apply your theoretical knowledge into real-time applications. This process enhances your knowledge and skill-set to handle real-world projects.

Yes, absolutely. With an aim to provide the financial flexibility to the learners, CourseDrill offers two instalment options. When you sign up for the course you are requested to pay half of the course fee and remaining amount you can pay when half of the course finishes.

Yes, CourseDrill offers you an option to attend the demo. If you are not satisfied with a trainer we will arrange a demo with another Workday Financials trainer.

No! Our job assistance program has been designed only to help you with the potential job opportunities that suit your profile. The hiring process completely depends on your performance during the interview and companies requirements.

Yes, each course offered by CourseDrill is associated with some specific discounts. When you make an enquiry for a course our coordinator will explain to you with a complete course fee structure along with discounts.

Yes! At CourseDrill, you will get a basic Workday Financials free course to gain in-depth knowledge of fundamental areas. Through this free Workday financials training online, you will gain basic skills and which makes your Workday Financials advanced learning process easier.

Reviews

Raju
Raju
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MuleSoft training offered by Coursedrill is excellent, and you clear MuleSoft certification very easily after attending this training, and also you will get the real time view of the MuleSoft.
Harika
Harika
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Incredible course! Wish i had done this course before in my life I would have become such a variety of chances I just squandered 3 years. Try not to squander additional time and please begin this course!
Priya
Priya
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The MuleSoft Course and trainer knowledge are so excellent and satisfied me. The pdf documents which are provided by the trainer are so helpful.
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