Workday for Finance

Essentials for Finance

The following reference guides provide guidance for important Workday functionality, such as how to run a report, view the next steps in a business process, and delegate your tasks when you’re out of the office.

• Find The Next Steps in a Business Process Transaction 
• Learn About Important Finance Dates in Workday
• Delegate your Workday inbox or individual tasks
• Make a Security Request
• What is the difference between Core and Non-Core budgets?
• Approving Transactions
• How to Request FDM Elements
• Spend Category Guidance

Workday Support

Learn which reports you need and how to find the information you are looking for at the resources below:

• How to Use the Workday Service Desk 
• Learn about Reporting in Workday from running reports to favorites and scheduling
• Helpful Reports for Department Payroll Personnel 
• Workday Glossary 
• Understand Security Roles 
• View previously recorded instructor led sessions

Learn More About…

• The Foundation Data Model
• Adaptive Planning Project
• Tax Improvement Projects

Learn About the Sources and Uses Summary Report

CR FIN Sources and Uses Summary shows the Sources (Core Budgets and Revenues), Uses (Expenses, Commitments, and Obligations) and Balances (Sources minus Uses) associated with their worktags for time periods in a simple format.

Here are two ways to learn more about the report:

• Watch a narrated walk through in this explanation video.
• Read about the report prompts, worktags, and column definitions in the Running CR FIN Sources and Uses Summary Reference Guide.

Managing Key Finance Events

The following links help fiscal staff manage financial events, including:

Primary Accounting Functions in Workday

• Types of Primary Accounting Functions
• Create Budget Amendment
• Create Journal
• Accounting Adjustment

Expenses

• Create, Change and Close Spend Authorizations
• Create Expense Report
• Procurement Card Transaction Verification

Procurement

• Create Supplier Request
• Create Requisition
• Create and Change Purchase Order
• Create Supplier Invoice Request

Receivables

• Create Customer Request
• Record Cash Sale
• Revenue Refund Request

Grants Administration

• Award Budget-to-Actuals Reporting
• Award Tour
• Award Dates Overview
• Create a Sponsored Account Request
• Cost Share
• Request Overdraft Transfer
• Award Setup Integration
• Effort Certification
• Effort Certification Work Area
• Create Pro Forma Effort Certification
• Salary Over the Cap – video

For more grants administration resources, visit the Workday for Faculty page.

Gifts Administration

• Understanding Differences Between Endowed Gifts and Current Use Gifts
• Key Gift Terms