Workday Financials Certification Online Training
Manage finances innovatively with Workday Finance -The Finance Enterprise Functionalities and Modules.
Equip yourself with the knowledge of execution and management of finances – depriving you of being the layman of manual calculations, noting down transactions, and start embracing your management skills using an easy-to-use interface – persuasive auditing and audit with any disruptions. Get a well-rounded hands-on experience on the modules and manage accounts receivable, payments and collections, Asset and Cash Management, Reporting and Analysis, etc.
Get yourself the advantage of your career path and meet your job role expectation on completing the Workday Financials Certification Online Training with UpTaught. Join Today!
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What Will I Learn?
- Understand the fundamentals of Workday’s design and specification
- Gain Knowledge on Organization, Customer Invoice & Receipts.
- Understand the key technical concepts on Supplier, Security Groups, and Business Processes.
- How to create Security Groups, role-based security groups and user-based security group
- Know how Business Asset Life Cycle works
Material Includes
- Reading Material, Videos, Info-graphics
Start Date
Time
Duration
Type
Mode of Training
Curriculum
Chapter 1 – What is Workday?
What is Workday and how is it different from others?
Workday Downtime & Version Upgrades
Workday Components
Commonly used Workday Components
Workday Google Trend Reports
Workday Vs. SuccessFactors Vs. Oracle HCM Vs. Taleo
Chapter 2 – What is Workday Financials?
What is Workdays Financials?
Key Features
Key Benefits of Learning Workday Financials
How important is HCM & HRM
Future of Workday Financials
Chapter 3 – Core Concepts & Navigation
Core Concepts
Tenant
Basic Navigation
Functional Areas
Chapter 4 – Workday Organization
Company
Company hierarchy
Company accounting detail
Company contact detail
Edit Company Tax Details
Company Billing Information
An assignable role for a company
Create Business Process Definition
Create Cost Center
Create Cost Center Hierarchy
Assign Cost Center to a Cost Center Hierarchy
Cost centre manager role
Custom Organizations
Maintain Organization Subtypes
Maintain Organization Types
Chapter 5 – Workday Financial – Accounting Setup
Overview
Financial Accounting Setup
Company Chart Of Account
Account control rule
Financial Transaction Flow
Company Accounting Detail
Ledger Setup
Create Ledger
Custom Validation
Financial schedule
Fiscal Year
Fiscal schedule
Ledger Period Status
Maintain Ledger Period
Chapter 6 – Workday Financial – Account Posting Rules
Overview
Multipurpose Rules
Supplier Accounts and Spend Rules
Business Asset Rules
Customer Accounts and Revenue Rules
Chapter 7 – Workday Financials – Accounting Journals
Overview
Financial accounting flow
Financial Transaction flow
Accounting Journals
Operational Journals
Manual Journal
Create Journal
Copy, Repost, Cancel Journal
Journal Approval Procedure
Create a Reverse Accounting Journal
Create Recurring Journal Entry Template
Journal Setup
EIB – Upload a Journal Entry
Chapter 8 – Workday Financials – Supplier
Overview
Supplier Setup
Supplier setup security
Supplier event
Supplier Business process
Supplier category
Supplier group
Supplier hierarchy
Supplier connection
Supplier activity control
Create Supplier
Spend Categories and Purchase Items
Maintain Spend Category
Create Spend Category Hierarchy
Create Purchase Item
Purchase Item group
Edit Posting Rule
Supplier account
Supplier payment method
Supplier status
Chapter 9 – Workday Financials – Supplier Invoices
Overview
Supplier Invoice and Adjustment
Supplier invoice auto-creation
Supplier invoice status management
Create Supplier Invoice
Create Supplier Invoice Adjustment
Supplier invoice Workflow
Supplier invoice security
Recurring supplier Invoice
Supplier contract
Supplier Accounting Detail
Supplier invoice scheduling
Supplier invoice auto-creation
Chapter 10 – Workday Financials – Customer
Overview
Security for customer setup
Customer Setup
Maintain Customer Category
Maintain Customer Groups
Customer Hierarchy
Customer tagging or Worktag
Create Customer
Revenue Categories
Sales Items
Sales Item Group
Sales Item preview
Deferred sales Item
Edit posting rule for customer payment
Chapter 11 – Workday Financials – Customer Invoices & Receipts
Overview
What is Customer Invoices?
Create a Customer Invoice
Customer Invoices and Adjustments
Customer Invoice Security
View customer invoice accounting
Printing customer invoice
Customer invoice Email
Email and Print a Customer Invoice
Create Customer Invoice auto Adjustment
What is Customer Receipts?
Customer Account Management
Customer Reporting
Write off bad DEBT
Cash sales
Record customer payment with an on-account Amount
Deposit customer payments
Record Cash Sales
Modify the cash sales BP
Receivable ageing report
Customer statements
Receivables Aging Reports
Customer Statements
Chapter 12 – Workday Financials – Banking & Settlement
Overview
Cash Flow
Key features of banking settlement
Bank set up pre-task
Financial Institute
Bank Setup
Creating a Bank Account
Bank routing rule
Settlement Overview
Settlement processing chain
Settlement work area
Settlement run date
Printing bank check task
Settlement security
Ad hoc Payment
Ad hoc Payment Settlements
Chapter 13 – Workday Financials – Business Asset Setup
Overview
Add Asset Books to Company
Maintain Depreciation Profiles
Maintain Spend Category
Maintain Asset Book Rules
Edit Posting Rule
Purchase Business Asset
Business asset security
Record Depreciation of a business asset
Chapter 14 – Workday Financial – Business Asset Lifecycle
Overview
Purchase Business Assets
Register Business Assets
Transfer Business Assets
View Business Asset History
Chapter 15 – Workday Financial – Common Reports
Workday Standard report
Standard vs expresso report
Run standard and expresso report
Event accounting summary report
Balance By Bank Report
Trial balance Report
Ledger detail report
Ledger account activity summary report
Ledger year beginning balance report
Find journal
Find customer
Find customer invoice
Find customer payment
Settlement report
Chapter 16 – Workday Financial – Workday Report Writer
Goals & Objectives
Overview and Introduction
Delivered Reports
Report Writer Terminology & Concepts
Business Objects, Fields & Instances
Report Data Sources
Steps to Create a Report
Report Types
Selecting a Data Source
Temporary Reports
Report Writer Navigation
Report Output vs Report Definition
Sorting and Filtering Report Fields
Simple vs Advanced Report Types
Advanced Filtering Options and Prompts
Accessing Fields from Related Business Objects
Sorting and Filtering on Related Business Object Fields
Subtotals & Grand Totals
Data Source Security & Report Field Security
Sharing Reports
Schedule and Share Output of Report
Report Run History
Transfer Ownership
Chapter 17 – Workday Financial – Security Groups
Overview
Configurable Security
Functional Areas, Securable Items and Security Policies
Workday delivered security group
Security group types
Role based security group
User base security group
Domain security policy
Business process security policy
Domain security policy for functional area
Domain security policy for business process
Creating custom Security Groups
Modifying Domain Security Policy
Modifying Business Process Security Policy
Course Prerequisites
- 1. No prerequisite is required for Workday Financials training.
- 2. Basic knowledge of Workday is required but not mandatory.
Workday Financials Certification Online Training
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Instructor Name- Anupama
Instructor Qualification- Peoplesoft General Ledger, Peoplesoft Accounts Receivable, Workday Trained
Instructor Description:
- 15+ years of experience in Peoplesoft
- Worked in global projects
- Conducted training to rollout new features.
- Excellent Online and classroom training skills.
- Excellent communication and management skills
Roadmap
Salary range
Ratings & Reviews
4.8
Total 6 Ratings
Roshan Mohammed
2 years ago
I've even completed my HCM training and joined for WD - Integration course.. Training videos and materials are well organized with life-time access.
Right from career counseling upto course completion, my Workday training experience was really too good than my expectations. Good job Team.
Kanimozhi Sambandam
3 years ago
From Commerce graduate to Workday Finance Professional. I would like to thank the mentor and entire team for 24/7 support
Terrence T
3 years ago
Good Course content for Workday Finance. Good quality training materials in orderly manner. Would give them a 10 star rating for Workday Trainings
Gowthaman Pari
3 years ago
Enrolled myself for Workday Finance Personal Training. Trainer is very knowledgable an able to explain the concepts clearly. Had adequate time to practice on Tenant. Worth for the money spent on the training
FAQs
Workday is the cloud-based software package designed and developed to manage enterprise human capital management and financial management applications.
Workday leads the on-demand introducing trailblazing coverage for new reporting and analytical capabilities that meet their clients’ demands.
Workday Finance Module helps you reduce the risks of finance management with its automation features and neat observation of data and reports.
The other Workday Finance Training and Certification programmes are Digital Courses where you have to do all the learning by yourself. In UpTaught, it is the Blended Learning system that is instructor-led with case studies and live lab sessions.
$103,999 per year is the average salary for a certified Workday Finance professional working at top tier companies. The salary range can be higher with your experience and other skills.
The UpTaught Training can help the HR, Finance and Legal practitioners who work in executive compensation and as finance or business development consultants across all industries.
There are no prerequisites for enrolling to UpTaught’s Workday Finance Training and Certification.
UpTaught has the benefit of giving expert guidance for candidates enrolling to our Training and Certification Program their best career transition options and opportunities.
You can opt to be a Financial Consultant or Analyst, Manager Technology, Manager Quality Assurance, Business Development etc.
Workday financials consultants work with clients to support them through the process of implementing Workday financial software
No, there are no requirements for this certification course. However, those with some experience will find it easier.
Absolutely. Workday Finance is used by a variety of organizations, which is why it will help you gain better opportunities in the future. Workday Finance finds use in HR, legal, and finance areas.
Workday Finance training is fit for pretty much anyone. IT professionals or professionals from any other field can enroll in the course and become certified.
The Workday Finance course will help you understand the basics, and allow you to operate the software with expertise. The certification will also help you set up the organization, staffing models, etc.
Once you enroll, you can schedule your classes at your convenience. Our course is a mix of guided lessons along with on-demand videos.