2023 fiscal year end cutoff dates and memos are now available on the General Accounting website. Modernization has also created a new reference guide highlighting reports helpful for locating business documents in Workday during fiscal year end. Learn more here. These resources were previously distributed to the Controller’s Office listserv. Questions regarding these memos and […]
The recent creation of a new cost center capped WSU at the current numbering structure limits for this hierarchy. As a result, we’re renumbering the program hierarchy to accommodate continued growth, while also enhancing the coding to connect with related cost centers. The new structure includes “PGH” followed by 5 numbers. In this structure, the […]
We’ve developed a new report, titled CR ACA Named Professorship, which is now available for selected roles. Faculty may be awarded an Academic Appointment called a Named Professorship. This new report provides information about the status of Named Professorship positions in your area. Learn how to use this report by reviewing this new reference guide […]
After receiving feedback from the Gifts workgroup, we’ve added a new Custom Object for Gifts, called Associated Pooled Gift ID, to better assist departmental users and Development Officers with their gift management practices. In Workday, the new “Associated Pooled Gift ID” custom object can be found on a Gift under Additional Data/Gift Attributes. For historical […]
In partnership with the WSU Foundation, we have released a complete list of terms and definitions. This new resource is designed to help gift managers, development officers, and those who have gifts and endowments in their areas better understand key terminology, roles, and how information is processed in Workday. Access the new WSU Key Gift Terms […]
We’ve renamed the report CR GFT Budget to Actuals Summary to CR GFT Gift Summary. This name change is to reduce confusion, because this report shows both endowed and spendable information. It will be used to find all details associated with gifts and underlying programs rather than to find remaining spendable.
Several new resources help explain commonly asked questions about gifts and endowments. You can find all of these in the Workday Knowledge Base. New Knowledge Base articles: Understanding the gift conversion from legacy to Workday Understanding differences between endowed gifts and current use gifts Workday Gift Account Crosswalk The Workday Glossary is also updated with […]
We created Ledger 6073 – Gift Fee on Endowments so gift fees associated with endowment contributions would be tracked in a separate ledger account. This will help in reporting by excluding amounts relating to endowments from the calculation of remaining spendable values available. With this change, fees previously posted to Ledger 6071 – Administrative Fees Expense were reclassified to Ledger […]
Known Issue: Revenue Transfers currently don’t route to the Foundation Manager. This causes difficulties with annual stewardship reporting and recording donor contributions. Estimated Time to Resolution: April 9
Month end close for March is approaching, and there are 188 manual accounting journals that are still open. Please either cancel or make sure these journals are approved by close of business on April 5. This is when General Accounting will close the month of March.