The holiday season is a busy time for Workday® professionals who are preparing for a new year. Adjustments to many Workday® functional areas are necessary and must be planned for. One such adjustment that many companies address at this time of year is updating grade and grade profile ranges and making tweaks to their compensation structure. For many companies, this could be a simple EIB updating all existing grade profile ranges. However, a good percentage of companies will h

2019 is quickly coming to a close. By now, you have survived Open Enrollment and you’re breathing a sigh of relief. But not so fast! While most end-of-year activities for benefits are typically addressed during preparations for Open Enrollment there are a few items to check/double-check. Integrations Send final elections for the current plan year. Work with your provider to send a final file as of the last day of the current plan year. This is typically an ad hoc launch ra

Hi payroll team members. It is December. I know, it seems like it cannot possibly be, but it is. Given that it is December, you should have already: Coordinate with third party provider, to identify when fourth quarter and/or annual integration must be processed. Run the at Scheduled Future Processes report to see all of the payroll integrations that need to be extended into 2020. Update period schedule(s) (EIB). Look ahead to 2020. Will you have 27/53 payments? ‘Build FLSA

It’s December. A good time to double check your plans before next year. Here are some Workday® Financials Year End Close Process tasks and items to take into account as you are wrapping up 2019. Roll Forward Year-End Balances Roll forward balances from previous year to beginning balances of new year for balance sheet. For Income statement, roll forward process will move current year retained earnings to next year in appropriate ledger account. To Do Items prior to roll forw