Instructor Training
- Personalized Interaction
- Cost Effective
- Hands on Experience
- Access to subject matter experts
This Workday Finance Course aims at equipping individuals or organizations to meet their business requirements through exploring various concepts of accounting &finance. With its cloud-based nature, Workday can be easily accessed worldwide from any computer connected to the internet.
Learn Workday Finance online through live scenarios taught by expert trainers with our Workday certification courses, for enhanced understanding. These certifications help advance you to higher positions within an organization or unlock more significant career prospects.
Financial and accounting skills remain in demand; by gaining practical experience you’re setting yourself up for an incredible future career path.
This Workday Finance Course seeks to empower individuals or organizations meet their business needs through exploring various accounting &finance concepts. As Workday can be easily accessed globally from any computer connected to the internet, its educational value cannot be overemphasized.
Learn Workday Finance online through live scenarios taught by expert trainers with our Workday certification courses for an enhanced learning experience and greater comprehension. These certifications help advance you to higher positions within an organization or open more career prospects.
Financial and accounting skills remain in high demand; by gaining practical experience you are setting yourself up for an exceptional future career path.
Workday HCM should be familiarized as part of any Workday module learning journey. Therefore, understanding this technology could make your workday finance journey smoother, in addition to learning the various terminology associated with finance and economics – an added plus point!
To become Workday finance certified, one must work for any one of Workday’s partner companies and complete training period successfully – after this occurs you’re eligible to sit the certification exam on its main website of Workday.
Features ?
- Lifetime access
- Lifetime video access
- Real-time case studies
- The project integrated into the Curriculum
- 24 X 7 Support from our team of administrators
Frequently Asked Questions
What Are Workday Financial Systems?
Workday Financial Systems provides organizations with real-time visibility into their financial performance with modules for forecasting, budgeting and accounting built into this system. Companies may utilize Workday Financial Systems to improve planning and decision-making within their organization.
Can Workday Finance Work For My Company?
Companies looking for an accessible cloud-based system with strong functionality and scalability often consider Workday financial as the perfect financial solution.
Does Workday Financial Include These Modules?
Workday Financials includes General Ledger, Accounts Payables Receivables and Cash Management modules for accounting and financial management needs in any size organization. WF is used by organizations of various sizes worldwide as an accounting solution that addresses their accounting and finance requirements efficiently and cost effectively.
What does a Workday Financial Consultant Do?
Workday Financials, an innovative financial management tool hosted in the cloud, can be implemented and utilized by an organisation with help from a Workday financial consultant. They collaborate closely with their financial staff in customising this software program specifically to their requirements and needs.
What does a Workday financial consultant do?
A Workday financial consultant helps an organization to implement and use Workday Financials, a cloud-based financial management software. They work with the organization’s finance team to configure the software to meet their specific needs and requirements.
How Can I Work as a Financial Consultant for Workday?
There may be more than one path for becoming a Workday financial consultant depending on your background and qualifications; becoming certified through Workday or another financial advice specialist would likely be advantageous as you transition into this profession. Workdaytrainings is where you can receive Workday Finance training classes.
Course Content
1.Core Concept and Navigation
- Core Concepts
- Tenant
- Basic Navigation
- Functional Area
2.Organization and Work tags
- Overview
- Security Policies
- Organization
- Reorganization
- Create Company
- Bank Setup
- Create Bank Routing Rule
- Organization Hierarchy
- Cost Center Organization
- worktags
3.Financial Accounting Setup
- Setup Currency,
- Fiscal Schedule
- Account Set
- Account Control Rule Set
- Accounting Posting Rule Set
- Account Translation Rule Set
- Default Reporting Book,
- Journal Reversal Option
- Company Accounting Details
- Create Ledger
- Ledger Period
- Maintain Ledger Period
- Custom Validation.
4.Process Accounting Journals
- Overview
- Financial accounting flow
- Financial Transaction flow
- Accounting Journals
- Create Journal
- Copy, Repost, Cancel Journal
- Journal Approval Procedure
- Create Recurring Journal Entry Template
- Journal Setup
5.Create and Process Journal EIB
- Create Journal EIB
- Populate journal information
- Load Journal EIB
- Process Journal.
6.Review Period Close
- Allocation
- Revaluation
- Consolidation
- Translation
- Balance carry forward
7.Security
- Functional Areas
- Domain Security Policies for Functional Area
- Business Process Security Policies for Functional Area
- Create Security Group
- View Security Group
- Security Analysis for Workday Account
8.Suppliers
- Overview
- Supplier setup
- Create Supplier
- Spend Categories and Purchase Item
9.Supplier Invoices
- Overview
- Security Policies
- Create Supplier Invoice and Adjustment
10.Customer
- Overview
- Customer setup
- Create Customer
- Revenue Categories and Sales Item
- Customer Validation
11.Customer Invoices and Customer Receipts
- Overview
- Create Customer Invoices and Adjustment
- Record customer payment -On account, short payment
- Create Customer Refund
12.Settlement
- Overview
- Create settlement run
- cash flow
13.Close and Report
- Overview
- Period close
- Bank Reconciliation
- Financial Reporting
14.Workday Reporting
- Overview
- Reporting terminology
15.Expenses
- Create Expense Report
- Settlement of Expense Report
- Create Travel Expense Report
- Create Spend Authorizations
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