Corporate Workday Financial Training Course

1. Overview of Workday Financial features and capabilities

1. Introduction to Workday Finance modules and functionalities
2. Exploring key features

2. Navigating the Workday Finance interface

1. Understanding the layout and navigation tools
2. Accessing different modules and functions within the interface

1. Understanding fundamental concepts in Workday Finance

1.  Basic accounting principles and terminology
2. Key financial processes and workflows

2. Navigating Workday Finance menus and pages

1. Structures and options
2. How to navigate?

1. Managing organizational hierarchies

1. Creating, editing, and organizing
2. Roles and permissions

2. Navigating organizational structures in Workday Finance

1. Hierarchy visualization tools
2. Organizational units or positions

1. Configuring organizational hierarchies

1. Hierarchical structures 
2. Relationships and chains of command

2. Defining and managing work tags for financial transactions

1. Custom tags for financial activities
2. Tracking and reporting

1. Configuring financial accounting settings

1. Financial periods, currencies, and accounting calendars
2. Accounting policies and procedures

2. Setting up a chart of accounts and accounting codes

1. Account structures
2. Accounting codes for transactions and accounts

1. Configuring process accounting settings

1. Accounting rules and validation criteria
2. Workflow processes for accounting transactions

2. Defining accounting rules and allocations

1. Automated allocation of financial transactions
2. Rules for revenue recognition and expense allocation

1. Creating journal entries using the Entry Interface Business (EIB)

1. Financial data and transactions 
2. Journal entries for accuracy

2. Processing journal entries in Workday Finance

1. Journal entries to appropriate accounts and ledgers
2. Journal entry workflows and approvals

1. Reviewing and reconciling financial data

1. Reviews of financial transactions and records
2. Discrepancies and resolving issues during the close process

2. Closing accounting periods in Workday Finance

1. Period close process
2. Financial activities recorded and accounted for

1. Managing security roles and permissions

1. Roles and access levels based on job responsibilities
2. Security groups and permissions for data protection

2. Configuring security settings in Workday Finance

1. Security protocols and authentication measures
2. Monitoring and auditing user activity

1. Managing supplier information and relationships

1. Supplier profiles and contact details
2. Supplier contracts and agreements

2. Processing supplier invoices and payments

1. Supplier invoices for payment processing
2. Payments to suppliers within Workday Finance

1. Managing customer information and relationships

1. Customer profiles and contact information
2. Customer interactions and communications

2. Creating and managing customer invoices

1. Invoices for products or services provided to customers
2. Invoice payment terms and tracking payment status

1. Processing customer invoices and receipts

1. Customer payments and reconciling accounts
2. Customer credit balances and refunds

2. Reconciling customer accounts in Workday Finance

1. Payments to invoices and resolving discrepancies
2. Reports to analyze customer account activity and balances

1. Managing settlements and payment processing

1. Payment settlements with vendors and suppliers
2. Timely and accurate payment processing

2. Reconciling accounts payable and accounts receivable

1. Accounts payable and receivable ledgers
2. Discrepancies and issues with payment reconciliations

1. Closing financial periods and generating financial reports

1. Financial activities for reporting periods
2. Standard and custom reports for financial analysis

2. Analyzing financial performance and trends

1. Financial reports to assess organizational performance
2. Trends and patterns for strategic decision-making

1. Creating and customizing reports in Workday Finance

1. Designing reports 
2. Report formats, layouts, and data filters

2. Analyzing and interpreting financial data

1. Insights from financial reports and data visualizations
2. Financial data to inform business decisions and strategies

1. Managing employee expenses and reimbursements

1. Employee expenses and receipts
2. Expense reports for reimbursement

2. Processing expense reports in Workday Finance

1. Expense reports within the system
2. Expense-related transactions and budget allocations