Workday Finance Training

3896 Learners

Workday is a cloud-based financial suite which is gaining popularity across the industries and certified professionals are high in demand. This software suite is mainly used for human capital management and enterprise resource planning. Driven by the desire to serve Project managers, Workday financial consultants, Workday financial specialists, Generalists, and passed out graduates willing to learn Workday Finance, we, at Multisoft Systems, are actively engaged in providing Workday Finance Training.

Our offered course is designed to give you an overall knowledge of the fundamentals and terminologies of Workday financials. You will become a master of configuring the financial suite and employing the transactions in the financial suite. Throughout this course, you will learn the key responsibilities of a Workday functional consultant. No defined set of prerequisites is required to pursue this Workday Finance Course. You can go for this if you can read and understand English.

Workday Finance Course Objective
  • Which are the concepts and basic terminologies of Workday?
  • Which are the fundamentals of Workday financials?
  • What are the staffing models?
  • What are Account Set and Fiscal Schedule?
  • How to work with Default Reporting Book?
  • What are Account Control Rule Set, Account Translation Rule Set, and Accounting Posting Rule Set?
  • vHow to load Journal EIB and create Journal EIB?
  • How to employ transactions in the financial suite?
  • What is populated journal information?
  • How to set up the financial suite?
Workday Finance Online Training
  • Recorded Videos After Training
  • Digital Learning Material
  • Course Completion Certificate
  • 24x7 After Training Support
Workday Finance Target Audience
  • Workday financial consultants
  • Workday financial specialists
  • A passed out graduate who wishes to master this robust financial suite
  • Project managers
  • Generalists
Workday Finance Course Prerequisites
  • Basic computer knowledge
  • Basic knowledge of the financial suite
  • A good knowledge of English
Workday Finance Course Certification
  • Multisoft Systems will provide you with a training completion certificate after completing the Workday Finance Training.

Workday is a cloud-based financial suite which is gaining popularity across the industries and certified professionals are high in demand. This software suite is mainly used for human capital management and enterprise resource planning. Driven by the desire to serve Project managers, Workday financial consultants, Workday financial specialists, Generalists, and passed out graduates willing to learn Workday Finance, we, at Multisoft Systems, are actively engaged in providing Workday Finance Training.

Our offered course is designed to give you an overall knowledge of the fundamentals and terminologies of Workday financials. You will become a master of configuring the financial suite and employing the transactions in the financial suite. Throughout this course, you will learn the key responsibilities of a Workday functional consultant. No defined set of prerequisites is required to pursue this Workday Finance Course. You can go for this if you can read and understand English.

Workday Finance Course Objective
  • Which are the concepts and basic terminologies of Workday?
  • Which are the fundamentals of Workday financials?
  • What are the staffing models?
  • What are Account Set and Fiscal Schedule?
  • How to work with Default Reporting Book?
  • What are Account Control Rule Set, Account Translation Rule Set, and Accounting Posting Rule Set?
  • vHow to load Journal EIB and create Journal EIB?
  • How to employ transactions in the financial suite?
  • What is populated journal information?
  • How to set up the financial suite?
Workday Finance Online Training
  • Recorded Videos After Training
  • Digital Learning Material
  • Course Completion Certificate
  • 24x7 After Training Support
Workday Finance Target Audience
  • Workday financial consultants
  • Workday financial specialists
  • A passed out graduate who wishes to master this robust financial suite
  • Project managers
  • Generalists
Workday Finance Course Prerequisites
  • Basic computer knowledge
  • Basic knowledge of the financial suite
  • A good knowledge of English
Workday Finance Course Certification
  • Multisoft Systems will provide you with a training completion certificate after completing the Workday Finance Training.

Workday Finance Training Course Content

Workday Finance Course Content

Module 1: Core Concept and Navigation

  • Core Concepts
  • Tenant
  • Basic Navigation
  • Functional Area

Module 2: Organization and Work tags

  • Overview
  • Security Policies
  • Organization
  • Reorganization
  • Create Company
  • Bank Setup
  • Create Bank Routing Rule
  • Organization Hierarchy
  • Cost Center Organization
  • Worktags

Module 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

Module 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

Module 5: Create and Process Journal EIB

  • Create Journal EIB
  • Populate journal information
  • Load Journal EIB  
  • Process Journal

Module 6: Review Period Close

  • Allocation
  • Revaluation
  • Consolidation
  • Translation
  • Balance carry forward

Module 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

Module 8: Suppliers

  • Overview
  • Supplier setup
  • Create Supplier
  • Spend Categories and Purchase Item

Module 9: Supplier Invoices

  • Overview
  • Security Policies
  • Create Supplier Invoice and Adjustment

Module 10: Customer

  • Overview
  • Customer setup
  • Create Customer
  • Revenue Categories and Sales Item
  • Customer Validation

Module 11: Customer Invoices and Customer Receipts

  • Overview
  • Create Customer Invoices and Adjustment
  • Record customer payment -On account, short payment
  • Create Customer Refund

Module 12: Settlement

  • Overview
  • Create settlement run 
  • Cash flow

Module 13: Close and Report

  • Overview
  • Period close
  • Bank Reconciliation
  • Financial Reporting

Module 14: Workday Reporting

  • Overview
  • Reporting terminology

Module 15: Expenses

  • Create Expense Report
  • Settlement of Expense Report
  • Create Travel Expense Report
  • Create Spend Authorizations 

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Workday Finance Training Course Certificate

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  • Course ID & Course Name
  • Certificate with Date of Issuance
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