Tagged: Finance

Have questions about Workday financial reports? Starting this November, join quarterly office hours hosted by the Controller’s Office to get updates, ask questions, and share feedback directly with the reporting team. The Office Hours will be open to all consumers of financial reports and will initially be held on a quarterly basis. Stay tuned to NewsLink for details on how to join the first session.

Whether you're new to managing earnings units or just need a refresher, new training modules and other help materials are on the way to help you navigate the essentials--from setting rates and cash sales/deposits to monitoring and closing operations. Stay tuned for guidance that makes fiscal responsibilities clearer and more manageable.

Effective Thursday, October 2, updates have been made to the Supplier Invoice Request and Miscellaneous Payment Request processes to ensure proper classification and review of independent contractor relationships with the university.

Effective Thursday, October 2, updates will be made to the Supplier Invoice Request and Miscellaneous Payment Request processes to ensure proper classification and review of independent contractor relationships with the university.

Several financial reports will be updated the week of Monday, September 8 to include an "Exclude Worktag" prompt. This prompt will allow users to filter out worktag combinations for a more targeted report output. See the full post for a listing of the reports with this new prompt.

The FY26 Summer Forecast is now available in Workday and variance analysis reporting has been updated to reflect this forecast as the default prompt value for "Forecast Plan Name." Similarly, the "Budget Plan Name" prompt default value has been updated to the FY26 Operating Plan - UNIV.  The listing of affected reports is shared in the full post along with details about updating saved filters.

Tired of switching between apps? The Workday Everywhere app brings key Workday features right into Microsoft Teams, helping you stay focused and efficient. Check payslips, view tax information, submit and approve Workday time off requests, and more, all without leaving Teams. Perfect for managers and casual users alike! Read the full post and learn how to get started and what to expect using the Workday Everywhere help materials.

To address the Workday limitation associated with payroll commitments for biweekly pay period 14 (6/15-6/28), FY25 payroll commitments were closed out the week of July 7 and a new integration with a journal source of "Payroll Encumbrance Accrual Reversal" was run to move the commitments to FY26. Correcting entries for any over liquidations also have been posted. We resumed the regular encumbrance adjustments schedule starting Monday, July 7. The "Positions for Planning" report has also been updated to reflect FY26.

This is a friendly reminder that FDM worktag changes such as edits, inactivations, or reactivations should be submitted through Workday using the Create Request task. This process ensures we have the proper audit trail and documented approvals for all changes to worktags. See the full post for a job aid link and contact information for help.

The second close for June FY25 will occur at 4 p.m. on Friday, July 18.  All journals in "created" or "in progress" status for June will be cancelled at that time. Last year, there were Workday performance issues due to a high volume of journal EIBs submitted the afternoon of second close. To ensure we can successfully close the evening of July 18, please do not wait until the afternoon of July 18 to submit EIB journals. If you notice performance issues, please do not attempt to submit the EIB again. In addition, if the journal is not that many lines, please use the Workday user interface to complete the journal instead of an EIB.