It's a Great Workday (Workday Essentials)
Workday will allow for these electronic sign-offs to be done within the system, which allow a transaction to move on to the next step in the business process.
What are approvals?
Although we've gone through several as part of implementation, our instance of Workday is considered one of these, with the intention to have multiple partners as part of single Agilitas ____.
What is tenant?
Designation of funding categorization. This is a balancing worktag and will be used to separate general, sponsored, gift, agency, etc.
What is fund?
Almost all procurement requests for invoiced goods and services will start with this task.
What is Create Requisition?
This task is to initiate payment to non-invoice payees (e.g. guest speakers, students, insurance claims, etc.).
What is Create Miscellaneous Payment Request?
Transactions and documents requiring action on your part will show up here.
What is My Tasks?
A named attribute that you can assign to events and objects to indicate their business purpose. For example: customers, grants, & programs.
What is a Worktag?
Used to hold financial transactions, budgets, workers as well as tracking Workday HCM transactions with a material financial impact.
What is a cost center?
The finalization of requisitions and purchase orders will create these amounts which represents a commitment to spend against a budget.
What is an encumbrance?
Workday term for cutting checks and making payments.
What is a Settlement Run?
The Workday menu allows you to add these for quick navigation to favorite tasks.
What are shortcuts?
Agency, Entity, and Function Worktags are considered this type of Worktag.
What is a custom organization?
Classification of various revenue streams.
What is a revenue category?
This task initiates the process of adding a new vendor.
What is Create Supplier Request?
Banking activity that does not run through Accounts Payable or Payroll is recorded against the Bank Account Worktag using this.
What is Ad Hoc Bank Transaction?
Custom validations require this to be included on requisitions, payment requests, journal entries, and other financial transactions.
What is document attachment?
Set of tasks that need to be completed for an event to occur, the order in which they must be done, and who must do them. Also referred to as a “BP.”
What is Business Process?
Represents specific funding source provided by an outside sponsor (federal, state, local, private) that have specific, detailed reporting requirements.
What is a grant?
Daily Double: End users will need to create this in order for Workday to initiate payment of a supplier invoice?
What is a receipt?
If an employee wants to be reimbursed, they should start with this action.
What is Create Expense Report?
Using this verb before a Worktag allows you to view and export all of the values of that Worktag type.
What is extract?
This Workday tool allows for mass loading or extraction of data through launching an integration, typically using an Excel spreadsheet.
What is an EIB (Enterprise Interface Builder)?
Represents the internal business entities within the enterprise with a tax-id.
What is a company?
To change the Worktags on an invoice that's been approved and paid, take this related action from the supplier invoice.
What is adjust accounting?
This task is used to initiate a cash advance in Workday.
What is Create Spend Authorization?