Drive Team Excellence with Workday Accounts and Finance Corporate Training

Workday Accounts and Finance is a cloud-based solution designed to streamline and optimize financial management processes within organizations. It provides real-time insights, automates financial operations, and ensures compliance with regulatory standards. This course is essential for organizations to streamline financial processes, enhance data accuracy, and ensure compliance with regulatory standards. Through Workday Accounts and Finance training course, employees will learn advanced financial management techniques, data analysis, compliance strategies, and workflow optimization.

Edstellar's instructor-led Workday Accounts and Finance training course is conducted by industry experts with extensive experience in product lifecycle management. The course covers key functionalities and practical applications of Workday Accounts and Finance and is delivered through virtual/onsite formats. The course is tailored to meet employees' needs, offering hands-on exercises, customization options, and real-world examples to enhance learning outcomes.

Get Customized Expert-led Training for Your Teams
Customized Training Delivery
Scale Your Training: Small to Large Teams
In-person Onsite, Live Virtual or Hybrid Training Modes
Plan from 2000+ Industry-ready Training Programs
Experience Hands-On Learning from Industry Experts
Delivery Capability Across 100+ Countries & 10+ Languages
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Skills Your Employees Will Gain

These are the core, hands-on capabilities your team builds during the program.

  • Financial Management
    Financial Management is the strategic planning, organizing, directing, and controlling of financial activities. this skill is important for roles like accountants and financial analysts, as it ensures effective resource allocation, risk management, and informed decision-making, driving organizational success.
  • Data Analysis
    Data Analysis is the process of inspecting, cleansing, and modeling data to discover useful information. This skill is important for roles like data scientist and business analyst, as it drives informed decision-making and strategy development.
  • Compliance and Regulatory Adherence
    Compliance and Regulatory Adherence involves understanding and following laws and regulations relevant to a business. This skill is important for roles in finance, healthcare, and legal sectors to ensure ethical practices and avoid penalties.
  • Workflow Optimization
    Workflow Optimization is the process of improving efficiency by streamlining tasks and processes. This skill is important for roles in project management and operations, as it enhances productivity and reduces costs.
  • Budgeting and Forecasting
    Budgeting and Forecasting involve planning financial resources and predicting future financial performance. This skill is important for roles in finance, management, and operations, as it ensures effective resource allocation and strategic decision-making.
  • Automation of Financial Processes
    Automation Of Financial Processes involves using technology to streamline financial tasks, enhancing efficiency and accuracy. This skill is important for finance roles to reduce errors, save time, and improve decision-making.

What Your Team Will Achieve After This Training

  • Apply system installation and configuration techniques in diverse UNIX environments
  • Analyze and manage user and group accounts to maintain secure access
  • Develop strategies for effective file system management and organization
  • Apply disk management skills to optimize storage and performance
  • Implement backup and recovery techniques to ensure data integrity and availability

Topics & Program Outline

The curriculum is organized into focused modules built by industry experts and delivered virtually or on-premise. Interactive sessions reflect the evolving demands of the workplace, keeping the learning both relevant and practical.

  1. Describe Workday core concepts
    • Introduction to Workday financial management
    • Overview of Workday's cloud architecture
    • Key financial concepts and terminologies
  2. Log in to a Workday tenant
    • Accessing the Workday platform
    • Navigating the Workday user interface
    • Customizing the Workday dashboard
  1. Create a company and attach it to an existing company hierarchy via a reorganization
    • Defining company structures
    • Attaching companies to hierarchies
    • Reorganization process steps
  2. Create new cost centers and include them in a newly created cost center hierarchy
    • Defining cost centers
    • Creating cost center hierarchies
    • Assigning cost centers to hierarchies
  1. Identify the required security groups for financial accounting setup
    • Overview of security groups
    • Assigning roles and permissions
  2. Configure the mandatory company accounting details
    • Setting up company accounting information
    • Defining mandatory fields and parameters
  3. Apply the concept of the recommended approach to account set setup
    • Understanding account sets
  4. Create an actuals ledger for your new company
    • Creating and configuring ledgers
    • Defining ledger types
  5. Create the ledger and fiscal year and period
    • Setting up fiscal years
    • Configuring accounting periods
  6. Maintain ledger period status
    • Managing period status
    • Closing and opening accounting periods
  1. Identify the required security groups for accounting journal creation
    • Security requirements for journal entries
    • Assigning security groups
  2. Describe how each journal type posts to the journal
    • Overview of journal types
    • Posting rules and procedures
  3. Create a journal and reversal journal
    • Creating journal entries
    • Reversing journal entries
  4. Create an EIB and populate the template
    • Introduction to Enterprise Interface Builder (EIB)
    • Creating and populating EIB templates
  5. Explain the difference between default ledger accounts and determining accounts based on account posting condition rules
    • Understanding ledger accounts
    • Default vs. determining accounts
  6. Explain how account posting rules dynamically determine ledger accounts based on information in a given transaction
    • Configuring account posting rules
    • Dynamic account determination
  7. Articulate why the order of the condition rules matter
    • Importance of rule order
    • Rule prioritization techniques
  8. Analyze how Workday determines which account posting rule will get used for the credit and debit side of each transaction
    • Analyzing account posting logic
    • Credit and debit rule application
  1. Efficiently process supplier invoices
    • Invoice processing workflows
    • Automation techniques
  2. Manage payables and settlement
    • Payables management
    • Settlement processes
  3. Provide cash optimization
    • Techniques for optimizing cash flow
    • Cash management strategies
  4. Maintain strong internal controls with insight into all aspects of enterprise spend
    • Internal control 
    • Spend management insights
  5. Identify the required security groups necessary for supplier invoice and supplier invoice adjustment creation
    • Security requirements for invoice management
    • Assigning roles and permissions
  6. Create a supplier invoice and invoice adjustment, and review the accounting for both documents
    • Creating supplier invoices
    • Making invoice adjustments
    • Accounting review procedures
  7. Maintain the spend account posting rule by creating an account posting rule condition
    • Configuring spend account posting rules
    • Creating and managing rule conditions
  1. Identify the required security groups for customer setup and invoice creation
    • Security requirements for customer management
    • Assigning roles and permissions
  2. Maintaining customer categories and customer groups
    • Defining customer categories
    • Creating and managing customer groups
  3. Create a customer, customer invoice, invoice adjustment, and review the accounting for both
    • Customer creation processes
    • Creating and adjusting customer invoices
    • Accounting review procedures
  4. Identify the required security groups to process customer receipts
    • Security requirements for receipt processing
    • Assigning roles and permissions
  5. Record and apply a customer payment with a shortage and write off amount and review the accounting
    • Recording customer payments
    • Handling shortages and write-offs
    • Accounting review procedures
  6. Record and apply a customer payment with an overage and applicable discount and a write off amount and review the accounting
    • Managing overpayments
    • Applying discounts and write-offs
    • Accounting review procedures
  7. Create customer deposit customer payments and review the accounting
    • Recording customer deposits
    • Payment processing
    • Accounting review procedures
  8. Create a customer refund and a cash sale and review the accounting
    • Processing customer refunds
    • Handling cash sales
    • Accounting review procedures
  1. Identify the required security groups for bank reconciliation and ad-hoc bank transactions
    • Security requirements for bank reconciliation
    • Assigning roles and permissions
  2. Create a manual bank statement, create an ad-hoc bank transaction to reconcile the stated cash in Workday and bank statement
    • Creating manual bank statements
    • Processing ad-hoc transactions
    • Reconciliation procedures
  3. Review cash-to-bank account balances reconciliation
    • Reviewing cash and bank balances
    • Reconciliation techniques
  1. Identify the required security groups for asset setup
    • Security requirements for asset management
    • Assigning roles and permissions
  2. Configure a spend account posting rule to handle asset accounting
    • Setting up asset-related posting rules
    • Managing asset accounting configurations
  3. Configure the following elements for the business asset setup process
    • Asset categories
    • Depreciation methods
    • Asset lifecycle management steps

Who Should Attend?

This program suits professionals at many levels across the organization, including:

  • Financial Analysts
  • Accounting Professionals
  • Budget Analysts
  • Treasury Analysts
  • Financial Reporting Specialists
  • Tax Advisors
  • Revenue Analysts
  • Audit Associates
  • Cost Accountants
  • Finance Managers
  • Accounting Managers
  • Financial Planning Managers

What are the Prerequisites?

Employees with a basic understanding of financial management principles and practice can take the Workday Accounts and Finance training course.

Request a Quote for your Corporate Training Requirements

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Delivering Training for Organizations across 100 Countries and 10+ Languages

Choose the Format That Fits Your Team

We design training your teams actually engage with, and deliver it the way that suits you best. Through a vetted global trainer network, Edstellar runs sessions in 10+ languages with consistent quality anywhere.

Virtual Workday Accounts and Finance Training

Virtual / online: expert-led live sessions delivered anywhere, with consistency and easy scheduling.

We deliver anywhere worldwide
Standardized content for consistent outcomes
Join from own workspace, no travel
We scale to large groups across sites
Interactive tools keep remote learners engaged
On-site Workday Accounts and Finance Training

On-site (in-house): immersive, instructor-led learning at your office.

Our trainers run face-to-face at your office
We tailor setup/content to your workplace and tools
Group exercises drive collaboration
Live demos +  hands-on practice
Direct trainer access to clarify doubts
Off-site Workday Accounts and Finance Training

Off-site: focused, instructor-led group learning away from everyday workplace distractions.

We host your teams at a venue of your preferred choice
Built-in group activities for bonding
Full uninterrupted schedule for focus/retention
Boosts morale and signals commitment

Get a Proposal Shaped to Your Needs

Need pricing for onsite, offsite, or virtual delivery? Get a proposal tailored to your team's needs.

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        Starter
        120 licences

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        What Sets Edstellar Apart

        Experienced Trainers

        Our trainers are drawn from a vetted global network and bring years of industry expertise, keeping every session practical and impactful.

        Proven Quality

        With a strong global track record, Edstellar is known for quality and engaging delivery.

        Industry-Relevant Curriculum

        Our programs are built by experts to match the demands of today's industry.

        Fully Customizable

        Every program can be tailored to your organization's goals.

        Comprehensive Support

        We provide pre- and post-session support for a complete learning experience.

        Global Multi-Location & Multilingual Training Delivery

        We deliver in multiple languages to support diverse global teams.

        Hear from Organizations We've Trained

        "The Workday Accounts and Finance training exceeded my expectations in every way. As a Finance Director, I gained comprehensive knowledge of financial configuration that transformed my approach to financial reporting. practical and immediately applicable. My ability to architect solutions and solve complex problems has improved substantially. The instructor's expertise in accounts payable made complex concepts crystal clear and actionable.”

        Delmer Cunningham

        Finance Director,

        Corporate Finance Platform

        "The Workday Accounts and Finance training enhanced my ability to architect and implement sophisticated financial management strategies. Understanding integration setup through intensive accounts receivable exercises proved invaluable for financial operations initiatives. We delivered a high-visibility enterprise project two months ahead of schedule. The detailed exploration of journal entries provided methodologies I leverage in every engagement.”

        Zhang Yan

        Business Analyst,

        Financial Planning Solutions Provider

        "The Workday Accounts and Finance training gave our team advanced reporting design expertise that revolutionized our financial management approach. As a Finance Manager, understanding financial reporting and accounts payable workflows across our entire portfolio. We've successfully deployed these methodologies across all regional operations centers. This training has become foundational to our team's strategic capabilities and continued growth.”

        Faisal Ahmad

        Finance Manager,

        Financial Analytics Platform

        “Edstellar’s Management training programs have greatly improved our teams’ ability to lead with clarity, confidence, and operational efficiency. The sessions combine practical leadership frameworks, real-world case studies, and hands-on exercises that strengthen decision-making, cross-functional collaboration, and execution excellence across departments, driving measurable improvements in overall business performance.”

        Meera Rao

        HR & L&D Head,

        A Global Services Company

        Recognition That Motivates Your Team

        Upon successful completion of the training course offered by Edstellar, employees receive a course completion certificate, symbolizing their dedication to ongoing learning and professional development.

        This certificate validates the employee's acquired skills and is a powerful motivator, inspiring them to enhance their expertise further and contribute effectively to organizational success.

        Recognition That Motivates Your Team
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