Start your Career in Workday Record to Report
This course provides a complete guide to the Record to Report (R2R) process in Workday. You’ll learn how to manage accounting journals, intercompany transactions, allocations, multibook accounting, lease compliance, and financial reporting. The course is designed for finance professionals and Workday beginners who want to understand how to manage financial close processes and produce accurate financial statements in Workday.
By completing this course, you will be able to learn:
- Use data integrity tools to validate worktag configurations and custom rules
- Create, reverse, and adjust accounting journals using templates and EIBs
- Manage intercompany transactions and settlements between legal entities
- Configure and run allocations for cost distributions, including intercompany costs
- Apply multibook accounting for IFRS and local GAAP adjustments
- Run and manage account certifications for reconciliation and compliance
- Understand and configure lease accounting in line with ASC 842 and IFRS 16
- Perform period-end and year-end closing using checklists and rules
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Customize and generate key financial reports like balance sheets and income statements
Course Curriculum
- Assessment - 1. Data Integrity Tools
- Assessment - 2. Journal Sequencing
- Assessment - 3. Accounting Journals
- Assessment - 4. Intercompany
- Assessment - 5. Allocations
- Assessment - 6. Multibook
- Assessment - 7. Account Certifications
- Assessment - 8. Lease Accounting
- Assessment - 9. Close
- Assessment - 10. Reporting
- Assignment - 1. Data Integrity Tools
- Assignment - 2. Journal Sequencing
- Assignment - 3. Accounting Journals
- Assignment - 4. Intercompany
- Assignment - 5. Allocations
- Assignment - 6. Multibook
- Assignment - 7. Account Certifications
- Assignment - 8. Lease Accounting
- Assignment - 9. Close
- Assignment - 10. Reporting
- Lab Activity - 1. Configure Custom Validation Messages
- Lab Activity - 2. Set Up Custom Validations
- Lab Activity - 3. Configure Journal Sequence Generator Rules
- Lab Activity - 4. Enable Journal Sequencing for a Company
- Lab Activity - 5. Set Up Journal Sequencing
- Lab Activity - 6. Configure Suspense Account Rules
- Lab Activity - 7. Create Accounting Journals
- Lab Activity - 8. Set Up Financial Accounting Adjustments
- Lab Activity - 9. Upload Journals
- Lab Activity - 10. Settle Intercompany Transactions with Different Header and Line Companies
- Lab Activity - 11. Set Up On-Behalf Intercompany Transactions
- Lab Activity - 12. Settle Direct Intercompany Transactions
- Lab Activity - 13. Group Allocation Definitions
- Lab Activity - 14. Process Allocations
- Lab Activity - 15. Schedule Allocation Runs
- Lab Activity - 16. Set Up Allocations
- Lab Activity - 17. Test Allocations
- Lab Activity - 18. Create Book Codes and Books
- Lab Activity - 19. Create Spend Categories for Lease Accounting
- Lab Activity - 20. Set Up Multibook Asset Accounting for Leases
- Lab Activity - 21. Create Account Certification Sets
- Lab Activity - 22. Run Account Certification Sets
- Lab Activity - 23. Set Up Lease Accounting
- Lab Activity - 24. Close the ledger year
- Lab Activity - 25. Roll Year-End Balances Forward
- Lab Activity - 26. Set Up Period Close Activity Groups
- Lab Activity - 27. Start a Close Process
- Lab Activity - 28. Map Aliases to Ledger Account Summaries
- Capstone Project - 1. Intercompany Master The Shared Services Model
- Capstone Project - 2. Automated Allocations Engine
- Capstone Project - 3. The CFO’s Single Pane of Glass (Composite Reporting)
- Capstone Project - 4. The Global Close Command Center
- Capstone Project - 5. Zero-Touch Bank Reconciliation
Meet Your Instructor
Experience and Expertise:
Experienced Workday Finance professional with strong expertise in Record to Report (R2R) processes, including accounting configuration, journal processing, period close, financial reporting, and compliance within Workday Financial Management.
Global Training Experience:
Delivered practical Workday Record to Report training focused on real-world finance operations, month-end close activities, and day-to-day accounting processes using Workday.
Corporate Clientele:
Worked closely with finance teams and business stakeholders to support Workday Financial implementations and R2R process enablement through training and functional guidance.
Certifications:
Workday Financial Management training and certifications as outlined in the trainer profile, with specialization in accounting and financial reporting processes.
Diverse Technical Skills:
Proficient in Workday Financials configuration, worktags, ledgers, business process frameworks, and financial reporting required to support Record to Report operations.
Training Methodology:
Follows a hands-on, scenario-driven approach focused on practical accounting use cases, period close simulations, and financial reporting activities within Workday.
Project Leadership:
Supported Workday Financial implementations and enhancements, guiding teams through configuration, testing, and operational readiness for Record to Report processes.
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
