Course Description
The Workday Finance course provides a comprehensive exploration of financial management using Workday’s powerful tools. This course covers essential financial processes, including accounting, budgeting, and reporting, and offers hands-on experience with Workday’s financial features. Participants will learn to configure financial settings, manage transactions, and utilize Workday’s reporting capabilities to drive financial insights and optimize decision-making.
Key Learning Objectives:
- Financial Configuration: Learn to set up and configure financial settings in Workday, including chart of accounts, cost centers, and financial dimensions.
- Accounting Processes: Gain expertise in managing core accounting processes such as general ledger, accounts payable, and accounts receivable.
- Budgeting and Forecasting: Understand how to create and manage budgets, perform forecasting, and track financial performance against budgeted targets.
- Financial Reporting: Explore Workday’s reporting tools to generate detailed financial reports, analyze financial data, and create custom reports to meet organizational needs.
- Compliance and Controls: Learn to ensure compliance with financial regulations and internal controls, and manage audit trails and financial governance.
Course Duration: 8 weeks
Prerequisites:
- Basic understanding of accounting principles and financial management
- Familiarity with Workday HCM or other Workday modules is beneficial
Target Audience:
- Financial Analysts
- Finance Managers
- Workday Administrators
- Accounting Professionals
This course is designed for those seeking to enhance their financial management skills within Workday, enabling them to effectively manage financial operations and leverage Workday’s financial tools for strategic decision-making.