Workday Finance Training

Learn how to break into Workday Finance Training and get your dream job easily

⌛50 Hours        ▶ 25 videos       ★ 706 Reviews

Course Features
Workday Finance Training


Placement and Job Support


Workday Certification Assistance


Implementation of real-time projects


24*7 Support

Highlights

  1. No prerequisite
  2. Priceless downloadable certified documents (PDF, PPT, XLS, Visio's, DOC)
  3. 24*7 Workday Tenant access for 720 hours (one month only)
  4. 24/7 access to course curriculum for limited duration
  5. Hands-on support from the trainer
  6.  Interview preparation, job placement, and support
  7. Remote job placement with this training 
  8. 70+ Real-world projects, examples and case studies  
  9. Interview questions 
  10. Sample resumes for every Workday job
  11.  Flexible schedule to fit your needs

What you will learn

  1. 10 years of real-time Workday live project experience by our expert
  2. 500-page cheat sheets with step by step guides are provided 
  3. Learn the organizational, process, and reporting changes.
  4. In-depth finance fundamentals, AP, AR, GL, Assets, Treasury, banking and settlement, reporting, and analytics concepts
  5. Execute the major financial events (transactions), perform administrative activities, and perform setup of the core system functionality
  6. Method of placement: internal client projects, external vendors, direct  full time client or partner referrals
  7. Workday Certification assistance and referral for immediate certification
  8. Take your career to the next level!
  9. After this course, you will have the skills to start a successful career in Workday Accounts and Finance.

What you will Learn

• Financial Navigation and Core Concepts
• Organizations and Worktags, Journal Entries and Business Assets - Depreciation
• Workday Standard Reports, Custom Reports, and Financial and Manager Metric Reports
• Setup custom worktags, new company, financial accounting for a company, cost centers and cost center hierarchies.
• Create a custom organization and Configure a Role Based Security group.
• Maintain a Business Process, Create manual/accounting journals online and via EIB using web services.
• Understand how to configure Account Posting Rules and Create a supplier and enter supplier invoices.
• Setup a new bank account and run a settlement.
• Create a customer and enter customer invoices and Complete receipt of customer payments.
• Use Workday to process a period close event and Create a report using Workday Report Writer.

Workday Positions to apply after Workday Finance Training

    • 1. Workday Implementation Lead/Consultant
    • 2. Workday Test Lead
    • 3. Workday Project Manager
    • 4. Workday Security
    • 5. Workday Production Support Consultant
    • 6. Workday Data Conversion
    • 7. Workday Business Analyst
    • 8. Workday Financial Business Analyst
    • 9. Workday Business Process Admin
    • 10. Workday Administrator

Course Summary

Introduction
Our Workday Finance training is designed to help you learn the necessary fundamentals to begin your career in Workday Financials implementation. Trainees would learn to execute the major financial events (transactions), perform administrative activities, and perform setup of the core system functionality. This Workday Finance training is designed to provide functional knowledge for learners. If you dream to become a Workday functional consultant then you are in the right place. This online training course is comprehensive with real-time based scenarios delivering practical value to aspirant Workday Professionals. Our intensive training build confidence to hit the job markets and easily clear interviews.

1. Core Concepts and Navigation:

Workday Finance Training was designed and built to meet the specific needs of today's finance organizations. This training is the new object-oriented, cloud-computing software solution to handle today's financial needs and business objectives. This course presents a comprehensive overview of Workday Financials including  product overview, functionality, benefits, roles, business processes, setup, and transactions. Students would also get a grasp on describing Workday core concepts and logging in to  Workday tenant. 

2. Organizations and Worktags:

Our trainees would be taught focusing on the Company organization and then look at other common organization types that can be created and maintained. This includes custom organizations, which are required to support your individual business and report requirements.
Financial transactions are grouped and tracked within Company organizations. Student would learn creation of a company and attaching it to an existing company hierarchy via a reorganization. Teaching would also include creation of new cost centers and including them in a newly created cost center hierarchy.

3. Financial Accounting Setup:

Workday Financial Accounting training provides the capabilities necessary to satisfy the information requirement of investors, creditors, and regulatory authorities.  With Workday Financial Accounting, which is the foundation for all Workday Financial solutions, students can manage all your accounting activity and report on that activity at any time. This covers various concepts inclusive of identifying the required security groups for financial accounting setup, configuration of mandatory company accounting details, application of the concept of the recommended approach to account set setup, creation of an Actuals ledger, creation of the ledger and fiscal year period, and maintaining ledger period status.

4. Accounting Journals and Account Posting Rules:

Workday Accounts Training is designed to help learners automate the accounting resulting from business operations.  Students would learn various concepts including identification of the required security groups for accounting journal creation, description of how each journal type posts to the journal, creation of a journal and reversal journal, creation of an EIB and populating the template. Concepts on difference between default ledger accounts and determining accounts based on account posting condition rules,  method of account posting rules to dynamically determine ledger accounts based on information in a given transaction, articulation of why the order of the condition rules matter would also be covered.

5. Supplier and Supplier Invoices:

Workday Supplier Management uses web-based business communication, transaction processing, and settlement options to efficiently process supplier invoices, manage payables and settlement, provision of cash optimization, maintaining strong internal controls with insight into all aspects of enterprise spend, identification of the required security groups necessary for supplier invoice and supplier invoice adjustment creation, creation of a supplier invoice and invoice adjustment, and reviewing the accounting for both documents as well as maintaining the spend account posting rule by creating an account posting rule condition.

6. Banking and Settlement:

Workday Cash Management consists of banking, settlements, and bank reconciliation tools that enable you to actively manage and optimize the cash inflows and outflows for your organization on a daily, weekly, and monthly basis. Workday automates administrative and control activities, such as bank statement reconciliation, while providing embedded business intelligence, Using Workday Banking and Settlement, companies can automate the coordination and control of cash flow activity.

7. Customers, Customers Invoices and Receipts

Workday Revenue Management enables the management of customer accounts and associated revenue. When items are sold to customers, you can use Workday to manage the invoices and sales terms, record customer payments and cash sales, and deposit money into the bank. Use actionable reports anytime throughout the cycle to track and analyze your customer account data. Students would learn how to identify the required security groups for customer setup and invoice creation, maintain customer categories and customer groups, create a customer, customer invoice, invoice adjustment, and review the accounting for both, identify the required security groups to process customer receipts, record and apply a customer payment with a shortage and write off amount and review the accounting, record and apply a customer payment with an overage and applicable discount and a write off amount and review the accounting, create customer deposit customer payments and review the accounting and also how to create a customer refund and a cash sale and review the accounting.

8. Bank Reconciliation:

Workday Cash Management consists of banking, settlements, and bank reconciliation tools that enables active management and optimization of the cash inflows and outflows on a daily, weekly, and monthly basis. Students would learn how to identify the required security groups for bank reconciliation and ad-hoc bank transactions, create a manual bank statement, create an Ad-Hoc bank transaction to reconcile the stated cash and review cash-to-bank account balances reconciliation.

9. Business Asset Setup and Lifecycle:

Workday Finance Training offers  flexibility that enables learners to track assets according to business use and account for them according to your accounting practices. Learners would be taught how to identify the required security groups for asset setup, configure a spend account posting rule to handle asset accounting and configure the business asset setup process.

10. Financial Reporting:

Concepts relating to accounting "workpaper" reports, such as trial balance, ledger detail, and reconciliations provide analysis and control would be taught. User-defined, real-time query provides insight whenever and wherever it is needed. Financial reports can be rendered in tabular or graphical format for display or download. You can also explore other avenues of training like Workday Prism Analytics Training, Workday talent and performance management training and Workday Advanced Compensation Training.

Choose Your Plan

Workday Finance Training

$649
<<<20% OFF!>>>
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  • Cheat sheets for videos
  • Downloadable Documents
  • Real-time project experience 
  • Course curriculum access
  • Job Support
  • No Refund Policy
Direct Payment Method
$549 Deal Ends Today!

Course Curriculum

Reviews

5

Top Rated
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Immensely Helpful!

I love the way concepts like asset depreciation, custom validation, and reporting have been explained. Your cheat sheets were very useful to me for reference. Even after the completion of training, the documents that I downloaded have been a constant source of help. Will recommend this course to all Financial Analysts like me who want to transition their skills to Workday! - McGregor

8 months ago
This course is an Asset

I feel thrilled and excited after completing your Finance course. I learnt 6 modules in Finance (AP, GL, AR, Banking, Treasury, reporting, security and business process) were very simple to understand. I'm interested in enrolling in other courses too. Mary is an excellent mentor and a kind hearted guide. Her attitude has helped me evade my fears and learn a lot of new concepts in Finance. I worked hard and I'm quite astonished at the results. Plenty of remote placement opportunities have been pouring in and I feel lucky to have been a trainee here. - Farookh Riyal

9 months ago

About Instructor

    • Mary is global ERP implementation expert, director, program manager, and transformational leader from Dallas, Texas. She has 30 years experience in ERP with 12 years experience in Workday. She is a certified global lead / solution architect who has led multiple conferences and global projects across 60 countries. She is an expert in implementation, Hyper-Care, Training, Data conversion, Integrations, Change Management, Project Management and Testing. You will get the best training in the world with valuable training documents and practical real time projects.  
    • Mary has repeatedly demonstrated her capabilities combining business acumen with strong financial discipline, deep design insights and organizational management skills to successfully grow businesses, lead them through successful turnarounds and revitalization, and manage them across all stages of the business life cycle. She has an established track record of increasing both enterprise and cash flow in companies across multiple industries. She is a growth-focused, results-oriented, and solutions-driven leader with proven history of bringing analytical insights and pragmatic solutions to key business challenges.

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