Three new reports are available in Workday that are based on existing reports, but are configured to allow for trending and comparison of financial information on a monthly and annual basis. See a description of each new report below.
Equity Balances by Balancing/Carry Forward Worktags - Monthly Trending:
The detailed FY24 period close and department fiscal payroll processing calendar is combined into one single calendar.
Please note that the equity roll-forward of FY24 beginning equity balances will not occur until after second close, which is at 5 p.m. on the evening of July 20, 2023. As a result, reporting will be affected until the equity roll-forward occurs.
An enhancement will be added to the output of the "Find Requisition Summary - OSU" report to now display a column for the CCH7 and CCH8 that correspond with the cost centers used on requisitions. This will be done to provide more sorting options and to be consistent with other reports in the procurement suite.
The "Sources and Uses - Variance Analysis" report will be updated the week of June 12 to auto expand the Sources and Uses to the Ledger Account Hierarchy level when the report is rendered. This will change the way the report is displayed by default, but can be collapsed if desired by using arrow/carrot toggles on the left side of the report.
An enhancement has been added to the "OSU - Find Assets" report. The output of this report now displays the primary work email address for the Asset Coordinator listed for the asset.
The logic for Cost Center Hierarchy Level 6 and Cost Center will updated on the "Credit Card Transactions - OSU" report to reflect the Cost Center and corresponding Cost Center Hierarchy Level 6 that was provided on the original PCard Application instead of the Cost Center currently assigned to the Expense Payee or Card Manager for the transaction.
Report demos for this update will be provided during the April Office Hours session.
The "Equity Balances by Balancing/Carry Forward Worktags - Summary" report has been created as a simplified version of the "Equity Balances by Balancing/Carry Forward Worktags" report. It is intended as a high-level analysis for department leaders to run and it provides available balances by unique worktag combinations. The report provides basic information about beginning balances, transfers, revenue, expenses, and encumbrances with a remaining balance available. The report also has very few prompts which cater to a simplified user experience.
A downloadable Year-end Checklist for Finance and Supply Chain activities is available under the "I want to..." heading, found on the Controller page of the Business and Finance website. The checklist includes important dates and action items for FY23 year-end.