New CCR Cost Center Hierarchy in place for university performance reporting

As discussed in the June 2024 Finance & Administrative Officers meeting, we’ve created a new cost center hierarchy to facilitate high-level reporting requirements for university leadership and the Board of Regents.

Adding the new hierarchy, CCRnnn Washington State University Financial Performance Reporting, will allow for a streamlined approach to compiling this data, while also providing transparency to the community with Workday. Users will now see all cost centers within a CCRnnn hierarchy, enabling WSU leadership to more easily generate timely reports for the Board of Regents.

This new hierarchy is in addition to the CCH, CCX, and CCZ hierarchies we currently use. While CCH continues to be our primary operational hierarchy for departmental reporting and security, Modernization made the decision to add the new Financial Performance Reporting hierarchy in Workday for visibility and maintenance.

For additional information, review these slides.

Any questions regarding the new hierarchy may be submitted via the Workday Service Desk.