Workday Finance R2R (Record to Report) Training
Workday Finance R2R (Record to Report) Training
⏰10 hours | ▶️ 12 Videos | 📣 12917 Participants | 🎓 9045 Reviews | 4.9 ⭐⭐⭐⭐⭐
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Self Paced
- Advanced sessions
- Interview Q&A
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- Premium Technical support
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- Live Instructor
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- Interview Q&A
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- Advanced sessions
- Interview Q&A
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Upcoming Batches PST
Weekday
| Dec 04(1 HR A DAY) |
| 07:30 PM PST |
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Weekday
| Dec 26(1 HR A DAY) |
| 07:30 AM PST |
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Weekend
| Dec 27(1 HR A DAY) |
| 07:30 AM PST |
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Upcoming Batches IST
Weekday
| Dec 05(1 HR A DAY) |
| 08:00 AM IST |
| Enroll Now → |
Weekday
| Dec 26(1 HR A DAY) |
| 08:00 PM IST |
| Enroll Now → |
Weekend
| Dec 27(1 HR A DAY) |
| 08:00 PM IST |
| Enroll Now → |
Course Description
The comprehensive Workday Finance R2R (Record to Report) Training program aims to cultivate a complete understanding of financial accounting cycles within the Workday system.
The course guides learners through the entire journey of financial data, from initial collection to the ultimate creation of precise, compliant financial statements.
It introduces the core principles of Workday Financials, including its organizational framework, accounting structure, and Work tag-based design, which facilitates accurate transaction classification and reporting.
As the program progresses, learners gain a deeper understanding of the functional components that drive the Record-to-Report cycle.
They learn to configure ledgers, schedules, accounting rules, and posting logic to manage journal behavior throughout the company’s operations.
To help learners grasp how Workday streamlines and consolidates key accounting functions, the course provides hands-on experience with journal entries, approvals, adjustments, intercompany eliminations, and the period-end close.
Real-world examples are used to demonstrate Workday’s precise and consistent handling of international financial processes, including currency conversion, consolidation, and allocations.
The training also highlights Workday’s powerful real-time reporting and analytics.
Learners explore transactions and gain valuable insights by using Workday’s reporting tools to create and analyze management reports, financial statements, trial balances, and audit-ready documents.
Real-world case studies and scenarios are integrated into the course to ensure learners grasp not just the setup of R2R procedures, but also how to troubleshoot issues, optimize performance, and align system functionality with business requirements.
By the end of the course, learners will have a firm grasp of both the functional and technical elements of Workday R2R.
They’ll be prepared to oversee the continuous improvement of financial processes within any organization, support finance operations, and contribute to Workday projects.
This program prepares learners for roles in modern, tech-driven financial teams, including Workday Financial Analyst, R2R Specialist, Workday Functional Consultant, and Financial Systems Support Analyst positions.

Course Content
Session 01 – Company Foundation Setup
– Creating Reorganization & Company Hierarchy
– Creating a Company
– Assigning Company to Hierarchy
– Creating ID Definition / Sequence Generator
– Editing Tenant-Level Tasks
– Editing Company Ownership & Tax Details
– Editing Company Contact & Accounting Details
Session 02 – Fiscal Setup & Journal Basics
– Creating Fiscal Schedule
– Creating Initial Fiscal Year
– Viewing Account Set
– Maintaining Fiscal Schedule Posting Intervals
– Finding Journals
Session 03 – Company Accounting Details
– Full walkthrough of Company Accounting Details configuration
Session 04 – Accounting Rules, Ledgers & Posting
– Editing Company Accounting Details
– Creating Account Control Rule Set
– Account Posting Rulesets
– Account Translation Rulesets & Translation Methods
– Default Reporting Books & Book Codes
– Creating Ledger- Assigning Roles
– Maintaining Journal Sources
– Trial Balance Overview
Session 05 – Journals, Roles & Invoices
– Creating Journals- Assigning Financial Roles
– Trial Balance Review
– Finding Customer Invoices for Company
Session 06 – Journal Creation & Multi-Book Accounting
– Working with Trial Balance
– Creating Journals
– Alternate Account Set Mapping
– Generating & Editing Spreadsheet Templates
– Template Models- Trial Balance and Journal Operations
Session 07 – Trial Balance Setup
– Detailed Trial Balance Setup (full session deep dive)
Session 08 – Custom Reporting in Workday
– Working with All Custom Reports
– Creating Repeating Column Groups
– Copying Custom Reports
– Viewing Report Outline Structure
Session 09 – Transaction Tax Configuration
– Creating Tax Authorities
– Creating Transaction Tax Rates
– Maintaining Tax Codes
– Creating Revenue Categories & Sales Items
– Creating Transaction Tax Rules- Understanding Currency Rate Types
Session 10 – Balance Sheet, Invoices & Intercompany Setup
– Creating a Balance Sheet
– Viewing Account Translation Rule Set
– Creating Custom & Supplier Invoices
– Maintaining Tax Applicability
– Editing Intercompany Profile
– Editing Revenue Categories
Session 11 – Customer & Supplier Management
– Creating Customers
– Creating Suppliers
– Viewing Security for Securable Items
– Finding & Managing Supplier Records
Session 12 – Period Close, Allocations & Certifications
– Period Close Process
– Allocation Definitions & Groupsets
– Scheduling Allocation Runs
– Performing Account Certification
