Workday Finance Training
At this point, folks have been assigned their security roles within Workday Financials and know what training they need to take. The training team has been holding instructor-led sessions on Zoom for weeks, and we have a selection of web-based, self-paced training you can take advantage of, too.
In the instructor-led classes, you can ask questions, and do hands-on exercises to get yourself familiar with the system, and in those web-based courses, you’ll see demonstrations and you can share questions with our Finance Solution Center at askfinance@virginia.edu
Read this week's full training update on the blog.
Cutover from Oracle to Workday: Mind the Deadlines
Cutover is a complicated thing! There are dates at which some functions cease in Oracle, to be picked back up when Workday Financials goes live. Because there are so many areas of work to consider, we’ve built a whole section of the FST website dedicated to cutover to help you plan for the deadlines and prepare so things move as smoothly as possible for you and your team. We're adding to the Cutover Resource page regularly. You’ll notice when you visit the site that we’ve broken things down into the months of May, June, and July. May walks you through things you need to do to prepare for the cutover, June gives you all the various deadlines to note, and July gives some post-go live cleanup information you’ll need to know.
Read the full cutover update on the blog.
FST Friday Recordings and Materials are Available
The recordings and materials from all of our FST Fridays sessions are posted on the FST part of the UVAFinance website (scroll through the list of resources to find them). In that section, you’ll also find the demonstration of reporting that Mark Anderson did for Fiscal Administrators in the first week in May.
Read the full update on the blog.
Future State Finance Considerations
Fund balance ownership: In the future state, you’ll see funds in actuals that didn’t appear there in the past, as they were only managed through budget allocations. IN this new way of doing things, it will be much clearer who owns the funds, and they’ll show up in any fund balance reports you run.
Read the full update on fund balance ownership on the blog (link to video resources as well)
Fund balance realignment: The conversion to Workday Financials from Oracle means that we’re going from a 2-ledger system where we have GA and GL, to a flat ledger system, where we just have GL. This definitely makes things easier for us, but it does mean there will be some data clean-up after your funds transition from Oracle to Workday. Units are preparing for fund balance realignment to take place in the first two months of the fiscal year – which means that fund balances in Workday will be changing while the realignment takes place. During this time, we won’t have access to detailed balances or budgets, but there are workarounds and bridges in place to get us through this time.
Read the full fund balance realignment update on the blog
 |
| Click image for a larger view |
No comments
Post a Comment