Workday tips and tricks: Date fields

For this week, we will define the different types of date fields in Workday, which will help you as you’re inputting information for transactions.

A new Knowledge Base article defines the different types of dates, which are used for transactional processing and reporting.

For example:

• A budget date in Workday is the day an expense was incurred, referring to the initiating document. Budget to Actuals reporting relies on this data.
• When the expense is recorded in the general ledger, that is considered the accounting date.
• Unlike the accounting date, an invoice date is the day listed on the invoice. This information is important because it helps to avoid duplicate payments.

Stay tuned until next week for another installment of the Workday Tips and Tricks series here.