Workday Financial Management

Overview

Hands-on Workday Financial Management training with tenant access, mentorship, and job readiness support, preparing learners to configure core financial modules for enterprise roles.

What you will learn

• Configure core finance: Build Workday Financial Management skills for enterprise roles.
• Process journals confidently: Strengthen configuration and financial process expertise.
• Use Journal EIB: Extend your enterprise systems experience into Workday Finance.
• Manage period close: Start a practical path into Workday financial applications.
• Set up suppliers: Learn the setup, controls, and reporting used in delivery teams.
• Manage customers: Gain hands-on confidence with journals, close, suppliers, and expenses.
• Reconcile and report: Run settlements, reconcile banks, close periods, and build reports.
• Handle expenses: Create expense reports, travel expenses, and spend authorizations.

Who this course is for

• Finance professionals: Build Workday Financial Management skills for enterprise roles.
• Workday consultants: Strengthen configuration and financial process expertise.
• ERP professionals: Extend your enterprise systems experience into Workday Finance.
• Career switchers: Start a practical path into Workday financial applications.
• Project team members: Learn the setup, controls, and reporting used in delivery teams.
• Analysts and administrators: Gain hands-on confidence with journals, close, suppliers, and expenses.

Prerequisites

• No prior finance experience is required; familiarity with enterprise business processes is helpful.

Curriculum

1. Core Concepts and Navigation

   • Core concepts
   • Tenant structure
   • Navigation
   • Functional areas

   Hands-on:

   • Navigate a tenant and identify key functional areas

2. Organization and Worktags

   • Organization setup
   • Security policies
   • Companies
   • Banks
   • Hierarchies
   • Cost centers
   • Worktags

   Hands-on:

   • Build an organization and worktag hierarchy

3. Financial Accounting Setup

   • Currency
   • Fiscal schedules
   • Account sets
   • Control rules
   • Posting rules
   • Ledgers
   • Periods
   • Validation

   Hands-on:

   • Configure a ledger and maintain an accounting period

4. Process Accounting Journals

   • Financial accounting flow
   • Journals
   • Approvals
   • Recurring entries
   • Copying
   • Reposting
   • Cancellation

   Hands-on:

   • Create and approve a recurring journal entry

5. Journal EIB Processing

   • Create
   • Populate
   • Load
   • Process Journal EIB files

   Hands-on:

   • Load a journal through EIB and verify the result

6. Review Period Close

   • Allocations
   • Revaluation
   • Consolidation
   • Translation
   • Balance carry forward

   Hands-on:

   • Run a close checklist with allocation and revaluation steps

7. Security

   • Functional areas
   • Domain and business process security
   • Security group
   • Security analysis

   Hands-on:

   • Review security access for a functional area

8. Suppliers

   • Supplier setup
   • Supplier creation
   • Spend categories
   • Purchase items

   Hands-on:

   • Create a supplier and assign purchasing data

9. Supplier Invoices

   • Supplier invoice creation
   • Adjustments
   • Security policies

   Hands-on:

   • Create and adjust a supplier invoice

10. Customers

    • Customer setup
    • Customer creation
    • Revenue categories
    • Sales items
    • Validation

    Hands-on:

    • Create a customer and validate revenue setup

11. Customer Invoices and Receipts

    • Customer invoices
    • Adjustments
    • Payments
    • Short payments
    • Refunds

    Hands-on:

    • Record a customer payment and refund

12. Settlement

    • Settlement runs
    • Cash flow fundamentals

    Hands-on:

    • Create a settlement run and review cash flow

13. Close and Report

    • Period close
    • Bank reconciliation
    • Financial reporting

    Hands-on:

    • Complete a bank reconciliation and report

14. Workday Reporting

    • Reporting terminology
    • Workday reporting foundations

    Hands-on:

    • Identify reporting terms and locate standard reports

15. Expenses

    • Expense reports
    • Travel expenses
    • Spend authorizations
    • Settlement

    Hands-on:

    • Create and settle an expense report

Technology stack

• Workday Financial Management
• Organizations and Worktags
• Accounting Journals and EIB
• Suppliers, Customers and Invoices
• Banking, Settlement and Expenses
• Financial Reporting and Close
• Security and Business Processes

Tenant access is included for 2 months; additional access may be available separately.

Instructor

Workday Financials Cohort Instructor — Senior Workday Financials Consultant & Mentor

Learn Workday Financial Management from an experienced consultant who understands end-to-end finance transformation. The instructor connects organizations, worktags, accounting, suppliers, customers, banking, expenses, reporting, close, security, testing, and support to real implementation scenarios.

• 10+ years in Workday financials consulting
• Expert in financial setup and worktags
• Skilled in journals, suppliers and customers
• Hands-on with banking and expense processes
• Experienced in reporting and period close
• Guides security, testing and reconciliation
• Focused on practical finance transformation

Course fee

$999 $699

What's included

• Live cohort + recordings: Attend every session live and revisit the recordings for one year.
• Real lab environment: Practise on a hands-on environment that mirrors real projects.
• Live doubt-clearing support: Ask questions and get answers in real time during every session.
• Assessments and lab activities: Apply what you learn through graded assessments and guided labs.
• Learning assets: Keep the slides, notes, and reference material for good.
• Role-readiness guidance: Mentor guidance to get you ready for the role you are targeting.
• Verifiable certificate: Earn a shareable certificate on completing the hands-on capstone.
• Global peer community: Learn with a global cohort and stay connected after the program.

Frequently asked questions