55 Hrs
4780+ Enrollments
Workday Financial Training
The Workday Financials Training from Skillzcafe is an intensive program that covers everything you need to know about financial management in Workday. You will learn how to set up financial management processes, configure and manage accounting, manage revenue, and generate financial reports using Workday. Our expert trainers will guide you through the course, providing hands-on training, real-world examples, and in-depth explanations of key concepts.
Workday Financial Training
Overview of Course
Our Workday Financials Training is designed to help you master the financial management aspects of Workday, one of the leading cloud-based ERP systems. The course will enable you to gain a thorough understanding of Workday’s financial modules, including accounting, revenue management, financial reporting, and more.
Course Highlights
Comprehensive coverage of Workday financial modules
In-depth training on financial management processes and workflows
Hands-on experience with Workday’s accounting, revenue management, and reporting modules
Key Differentiators
Personalized Learning with Custom Curriculum
Training curriculum to meet the unique needs of each individual
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Trusted by over 100+ Fortune 500 Companies
We help organizations deliver right outcomes by training talent
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Flexible Schedule & Delivery
Choose between virtual/offline with Weekend options
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World Class Learning Infrastructure
Our learning platform provides leading virtual training labs & instances
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Enterprise Grade Data Protection
Security & privacy are an integral part of our training ethos
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Real-world Projects
We work with experts to curate real business scenarios as training projects
Skills You’ll Learn
Setting up financial management processes in Workday
Configuring and managing accounting in Workday
Managing revenue in Workday
Generating financial reports in Workday
Troubleshooting and resolving issues in Workday financials
Training Options
1-on-1 Training
Access to live online classes- Flexible schedule including weekends
- Hands-on exercises with virtual labs
- Session recordings and learning courseware included
- 24X7 learner support and assistance
- Book a free demo before you commit!
Corporate Training
- Everything in 1-on-1 Training plus
- Custom Curriculum
- Extended access to virtual labs
- Detailed reporting of every candidate
- Projects and assessments
- Consulting Support
- Training aligned to business outcomes
Unlock Organizational Success through Effective Corporate Training: Enhance Employee Skills and Adaptability- Choose customized training to address specific business challenges and goals, which leads to better outcomes and success.
- Keep employees up-to-date with changing industry trends and advancements.
- Adapt to new technologies & processes and increase efficiency and profitability.
- Improve employee morale, job satisfaction, and retention rates.
- Reduce employee turnovers and associated costs, such as recruitment and onboarding expenses.
- Obtain long-term organizational growth and success.
Course Reviews
Curriculum
- Overview of Workday Financials
- Workday Financials Organization
- Worktags and Cost Centers
- Managing Ledger Accounts
- Setting up Financial Accounting
- Accounting Configurations and Controls
- Financial Accounting Templates
- Managing Currencies
- Overview of Account Posting Rules
- Creating and Managing Account Posting Rules
- Journal Lines and Rules
- Use of Account Posting Rules in Transactions
- Introduction to Accounting Journals
- Journal Types and Templates
- Journal Approval and Reversals
- Use of Accounting Journals in Workday Financials
- Overview of Suppliers in Workday
- Supplier Account Management
- Supplier Payment Methods
- Supplier Invoice Management
- Supplier Invoice Processing in Workday
- Invoice Review and Approval
- Invoice Payments and Adjustments
- Use of Supplier Invoices in Financial Reports
- Overview of Workday Banking
- Bank Account Management
- Payment Processing
- Settlement and Reconciliation
- Overview of Customer Management in Workday
- Customer Account Management
- Credit and Collection Management
- Use of Customer Information in Financial Transactions
- Customer Invoice Processing in Workday
- Invoice Review and Approval
- Invoice Adjustments and Disputes
- Use of Customer Invoices in Financial Reports
- Overview of Customer Receipts Management
- Customer Payment Processing
- Credit Memos and Refunds
- Use of Customer Receipts in Financial Reports
- Overview of Business Asset Management in Workday
- Asset Types and Categories
- Asset Acquisition and Depreciation
- Asset Retirement and Disposal
- Overview of the Business Asset Life Cycle
- Asset Maintenance and Repair
- Asset Transfers and Revaluations
- Use of Business Asset Information in Financial Reports
- Overview of Workday Financial Reports
- Common Financial Reports
- Financial Statement Generator
- Report Templates and Configuration
- Introduction to Workday Report Writer
- Creating and Editing Reports
- Use of Report Fields and Functions
- Report Security and Sharing
- Business Process Framework Overview
- Business Process Steps and Tasks
- Configuring Business Processes
- Business Process Security and Access
- Overview of Security in Workday
- Security Groups and Roles
- Security Policies and Controls
- User and Role Assignment
Meet the instructor and learn about the course content and teaching style.- Make informed decisions about whether to enroll in the course or not.
- Get a perspective with a glimpse of what the learning process entails.
Description
Target Audience:
- Financial Analysts
- Financial Managers
- Accountants
- ERP Professionals
- Business Analysts
Prerequisite:
- Basic knowledge of accounting principles
- Familiarity with ERP systems is an added advantage
Benefits of the course:
- Gain expertise in Workday financial management
- Learn how to set up financial management processes in Workday
- Understand how to configure and manage accounting in Workday
- Develop skills in managing revenue and generating financial reports in Workday
- Increase your job prospects in the financial management domain
- Enhance your earning potential with specialized Workday financials skills
Exam details to pass the course:
- There is no exam to pass the course. However, you will receive a certificate of completion once you complete the course.
Certification path:
- To become a certified Workday Financials Professional, you must pass the Workday Financials Certification exam.
Career options after doing the course:
- Workday Financial Analyst
- Workday Financial Manager
- Workday Financial Reporting Analyst
- Workday Revenue Manager
- Workday Financials Integration Specialist
Why should you take this course from Skillzcafe:
Expert trainers with years of experience in Workday financials- Comprehensive coverage of Workday financial modules
- Hands-on experience with Workday’s accounting, revenue management, and reporting modules
- Real-world examples and case studies to help you apply what you learn
- Flexible learning options to fit your schedule
- Affordable pricing
FAQs
Yes, this is an online course.
Workday Financials is a cloud-based financial management system that provides organizations with the tools and capabilities to manage their financial processes.
The course covers the basics of Workday Financials, including setting up financial accounting, managing suppliers, processing invoices, managing customer receipts, and managing business assets. You will also learn about financial reporting, report writing, defining business processes, and security groups.
There are no specific prerequisites for the course, but it is recommended that you have some basic knowledge of financial accounting and management.
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