Start your Career in Workday Banking and Settlement
This course introduces you to the full Contract to Cash process in Workday, from setting up customer accounts and contracts to generating invoices, recognizing revenue, and handling payments. You’ll learn how to manage customer profiles, automate billing, set up revenue recognition schedules, and work with different types of contracts. The course is designed for anyone new to Workday C2C processes - no prior experience is needed.
By completing this course, you will be able to learn:
- Set up and manage customer accounts, profiles, and billing information
- Create, amend, and manage customer contracts and contract lines
- Configure billing schedules, milestones, and installment plans
- Generate and adjust customer invoices, including multicurrency billing
- Create and manage revenue recognition schedules and accounting rules
- Record, apply, and manage customer payments and disputes
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Work with advanced contract types such as usage-based billing and tiered pricing.
Course Curriculum
- Assessment - 1. Understanding Workday Cash Management
- Assessment - 2. Configuring Banking and Settlement
- Assessment - 3. Outgoing Payment Processing
- Assessment - 4. Bank Statement and Reconciliation Overview
- Assessment - 5. Advanced Bank Reconciliation Setup
- Assessment - 6. Applying Reconciliation Techniques
- Assessment - 7. Common Settlement Use Cases
- Assessment - 8. Cash Position and Cash Forecasting Reports
- Assignment - 1. Understanding Workday Cash Management
- Assignment - 2. Configuring Banking and Settlement
- Assignment - 3. Outgoing Payment Processing
- Assignment - 4. Bank Statement and Reconciliation Overview
- Assignment - 5. Advanced Bank Reconciliation Setup
- Assignment - 6. Applying Reconciliation Techniques
- Assignment - 7. Common Settlement Use Cases
- Assignment - 8. Cash Position and Cash Forecasting Reports
- Lab Activity - 1. Create and configure bank accountsrouting
- Lab Activity - 2. Manage Bank Account Signatories
- Lab Activity - 3. Set up payment integration
- Lab Activity - 4. Set Up Settlement
- Lab Activity - 5. Create Check and Advice Print Layouts Using Report Designer
- Lab Activity - 6. Print checks
- Lab Activity - 7. Bank Account Transfers
- Lab Activity - 8. Configure Bank Statement Reconciliation Dashboard
- Lab Activity - 9. Create Ad Hoc Bank Transactions
- Lab Activity - 10. Manual, quick entry, and upload methods overview
- Lab Activity - 11. Record Bank Statement Task – Quick Entry section
- Lab Activity - 12. Create Ad Hoc Bank Transaction Templates
- Lab Activity - 13. Create Condition Rules for Bank Reconciliation
- Lab Activity - 14. Parse Bank Statements
- Lab Activity - 15. Set Up Ad Hoc Bank Transactions
- Lab Activity - 16. Book to Bank
- Lab Activity - 17. Create Matching Rule Sets
- Lab Activity - 18. Reconcile a Bank Statement Manually
- Lab Activity - 19. Create Payment Returns
- Lab Activity - 20. Set Up Miscellaneous Payment Requests
- Lab Activity - 21. Create a Cash Forecast Outline
- Lab Activity - 22. Create a cash forecast report
- Lab Activity - 23. Create Bank Statement Worktag Mappings
- Capstone Projects - 1. Automated Reconciliation & Smart Match Setup
- Capstone Project - 2. Managing Petty Cash & Working Funds
- Capstone Project - 3. Security & Segregation of Duties (SoD) Audit
- Capstone Project - 4. The Global Expansion Payment Configuration
- Capstone Project - 5. The Payroll Settlement & Prenote Validation
Meet Your Instructor
Experience and Expertise: Over 11 years of experience in Workday Finance, specializing in Banking and Settlement, Record to Report, Procure to Pay, and Financial Services administration.
Global Training Experience: Delivered hands-on Workday training for global teams, focusing on Banking and Settlement configuration, operations, and administrator activities.
Corporate Clientele: Supported multiple enterprise Workday Finance implementations and AMS engagements across banking, insurance, and public sector organizations.
Certifications:
Workday Certified - Record to Report
Workday Data Loading for Implementors
Certified Scrum Master (Scrum Alliance)
Diverse Technical Skills: Expertise in Workday Banking and Settlement setup, iLoads, EIBs, security configuration, integration testing, and financial reporting.
Training Methodology: Uses a scenario-based, administrator-focused approach with hands-on configuration exercises.
Project Leadership: Contributed to end-to-end Workday Finance implementations, including testing, cutover, go-live, and post-production support.
Got Questions?
Frequently Asked Questions
When does the course start and finish?
The course is entirely self-paced. You decide when you start and when you finish.
How long do I have access to the course?
That depends on the type of Subscription you bought - Monthly or Yearly. After enrolling, you have unlimited access to this course and materials within across any and all devices you own.
What do I get after I signup?
After you signup and make the payment, you will have full access to the course which includes,
1. Session Videos (these videos are from actual live sessions from the past)
2. Assignments
3. Assessments
4. Lab documents
5. Other pdfs (configuration documents, ebooks, pdfs, interview and certification faqs)
How do I get access to practice on the Server?
Reach out to your Support team and send an email to support@zarantech.com and they will send you the details and the monthly cost for the Server (if available)
Are the video or materials downloadable?
No, they are not. But you have unlimited access to view them from any device and on this platform depending on your Subscription type. Everything on this platform is the intellectual property of ZaranTech
How soon after I enroll and make payment would get access to the course?
Immediately
What if I have doubts, whom do I ask?
These are pre-recorded videos from the actual Live Training program. Most of the doubts were cleared in the session videos itself. But if you still have any questions, please raise a ticket, and our support team will help you https://zarantech.freshdesk.com/support/tickets/new
What if I have issue accessing the course?
You can Raise a ticket by clicking the link below and select the appropriate ticket - https://zarantech.freshdesk.com/support/tickets/new
How will I get my course completion certificate?
Once you have successfully completed the training and the Final Quiz/Assessment, then you can avail of your Certificate of Completion from ZaranTech which you can then showcase on Linkedin and other Social Media portals
Do you provide Instructor-led Live training for Individuals?
Yes, we do. Email us at info@zarantech.com and we will send you all the details
How we deliver Live training - https://bit.ly/How-we-deliver-training
Do you provide Corporate/group training?
Yes, we do. We have trained more than 100 Workday customers with over 4000 participants in USA, Canada, Europe, Asia, South America. We offer corporate training for all Workday modules.
Course Catalog - https://bit.ly/workday-course-catalog
How we deliver corporate training (video) - https://bit.ly/workday-Corp-training
How do I get certified in Workday?
Workday certification is worth its weight in gold as it gives a holistic understanding of the entire application to a new professional. The criterion to attend the Workday Certification Program is that one must either be a part of Workday or should be associated with one of its partners. The certification program should be completed within a month but if you fail to get the certification in your first attempt then Workday allows you to re-do your training. This Enterprise application undergoes numerous minor updates and 2-3 major updates in a year. Whenever a major update takes place the user has to go through the training again and get the certification. This is done by Workday so that all the users remain on the same page. If you are not an employee of Workday or any of its partner companies, it is impossible to gain a Workday certification.
What if I am unhappy with the course?
We would never want you to be unhappy! If you are unsatisfied with your purchase, contact us in the first 7 days and we will give you a full refund.
What is your Refund Policy and Terms of Use?
To know more about canceling the enrollment, refund, and rescheduling policy, visit:
Refund and Rescheduling Policy - https://www.zarantech.com/Refund-policy/
Terms of Service - https://www.zarantech.com/terms-of-use/
What other Resources do you provide?
Follow us on Youtube for FREE videos - https://www.youtube.com/@workdaylearner-community
Follow us on Linkedin for Free Materials - https://www.linkedin.com/showcase/workday-learner-community/
Follow us on Quora to Ask any Questions - https://workdaylearnercommunity.quora.com/
Checkout our Workday Corporate Course Catalog - https://bit.ly/workday-course-catalog
Name some official partners of Workday.
Implementation Partners List -https://www.workday.com/en-us/partners-services/partners/services-partners.html#?q=
Integration Partners List - https://www.workday.com/en-us/partners-services/partners/software-partners.html#?q=
Past Students Testimonials.
https://bit.ly/zarantech-google-reviews
