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    INFO FinancialBudgets-22R2

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    ALH
    INFO_FinancialBudgets-22R2

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    INFO FinancialBudgets-22R2

    Uploaded by

    ALH
    2 views3 pages
    INFO_FinancialBudgets-22R2

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    INFO_FinancialBudgets-22R2

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    INFO_FinancialBudgets-22R2

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    2 views3 pages

    INFO FinancialBudgets-22R2

    Uploaded by

    ALH
    INFO_FinancialBudgets-22R2

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    FINANCIAL BUDGETS

    DESCRIPTION DURATION
    This class teaches you how to create budgets in Workday and 10 Hours
    covers topics such as:
    TRAINING UNITS
    • The general process of building and maintaining a budget. 1
    • How to import budget data using the Enterprise Interface
    Builder (EIB).
    • Advanced budget-related topics, such as amendments and approvals, multicurrency,
    and budget checking.

    This course is designed for finance professionals with basic Workday Financial Management
    knowledge who would like to deepen their understanding of budgets.

    There are many different types of budgets in Workday. This course only covers financial
    budgets, though many of the topics presented apply to all budget types.

    PRETRAINING CONSIDERATIONS

    This course is designed for finance professionals with basic knowledge of Workday Financial
    Management who would like to deepen their understanding of budgets.

    To successfully complete this course, you need a working knowledge of the Workday core
    concepts, including navigation, organizations, business processes, and reporting. These topics
    are covered at an introductory level in Workday Core Concepts or in more depth in Workday
    Foundations. We highly recommend you complete one or both introductory courses before
    enrolling in Financial Budgets.

    Suggested Prerequisites

    Financial Fundamentals or Workday Foundations


    Financial Budgets

    DELIVERY FORMAT

    This course is offered as a:

    Learn Independent

    OBJECTIVES

    Upon completing this course, you should be able to:

    • Describe the budget process for Workday Financial Management.


    • List the key Workday Financial Management artifacts that impact budgets.
    • Create and maintain a budget.
    • Import a budget from an Excel spreadsheet using a web service.
    • Produce budgets that implement advanced Workday features.
    • Use budget reports.

    COVERED TOPICS

    1: Budgets Overview

    • Describe the purpose of a budget


    • List Workday functional areas that are impacted by budgets.
    • Describe the makeup of a Workday budget.
    • Use the View Plan report to review an existing budget.

    2: Budget Setup and Configuration

    • Describe the types of budgets available in Workday.


    • List the setup activities required for budgets.
    • Explain the concept of an entry type.
    • Create a plan structure.
    • Create a plan template.

    3: Budget Creation and Maintenance

    2 Financial Budgets
    Confidential © 2021 Workday, Inc.
    Financial Budgets

    • Create a budget.
    • Create a budget requiring approvals.
    • Create budget amendments.
    • List the business processes associated with approvals and amendments.

    4: EIBs and Budgets

    • Define an EIB for importing a budget.


    • Create a template spreadsheet for budget data entry.
    • Launch an integration to upload budget data.

    5: Advanced Budget Topics

    • Perform budget checking.


    • Create multicompany budgets.
    • Enable multicurrency in budgets.
    • Create parent-child budgets.

    6: Budget Reports

    • List the available budget reports.


    • Identify the reports that are most helpful for various use cases.
    • Examine budget-related worklets and dashboards.

    7: Budget Year-End Processing

    • Define budget treatment rules.


    • Roll budget balances forward to the next year.

    ADDITIONAL COURSES

    Upon completion of this course, consider taking one or more of the following courses,
    depending on your role:

    • Expenses
    • Financial Accounting
    • Projects

    Financial Budgets 3
    Confidential © 2021 Workday, Inc.

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