Upcoming Accelerated Close Process for 2025
Beginning with January 2025 Close occurring in February 2025, the Financial Accounting Period Close process will be accelerated. The Financial Accounting Period Close reference guide will be updated by late January 2025 with close activity deadlines that align with the new timeline. To prepare for these adjustments, those with Reviewer or Approval roles must review transactions to ensure timely processing and approvals prior to close deadlines. Run RPT6938 – WU – FIN – Financial Transactions In Progress by School to provide detail on outstanding transactions and with whom items are awaiting action. Log into Collibra to review terms and definitions for RPT6938.
Emergency Preparedness: Regularly Verify Emergency Contacts
It is critical that Managers verify workers have entered emergency contacts in Workday as part of emergency preparedness and response duties. Encourage workers to keep emergency contact information up to date. Refer to the Change Emergency Contacts tutorial. Run RPT2063 – WU – Emergency Contacts to review emergency contacts for active workers. Log into Collibra to review business terms and definitions for RPT2063.
Run RPT6712 – WU – Holiday Time Entry Exceptions and filter by Supervisory Organization to generate a list of eligible workers with no time entered for the holiday. Log into Collibra to review terms and definitions for RPT6712. Use the Workday Operational Calendar and filter by Payroll Close & Key Dates for suggested reports to run prior to deadlines. Refer to the Payroll Processing in Workday reference guide.