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

FAQ’s

❓What exactly is R2R Training for Workday Finance?

✅ Workday Finance R2R Training is a specialised program that walks you through the entire Record-to-Report cycle within Workday. It covers everything from accounting setup and period closure to journals, intercompany procedures, and financial reporting.

❓Who can take this R2R training?

✅ This course is ideal for finance professionals, accountants, Workday consultants, business analysts, and anyone else aiming to sharpen their Workday Financials skills.

❓ Is prior Workday experience necessary?

✅ No prior experience with Workday is required. While not essential, a basic grasp of accounting principles is helpful, as the course starts with the fundamentals.

❓ What skills will this training give me?

✅ You’ll learn how to configure ledgers, process journals, use Work tags, set up accounting rules, manage period closes, generate reports, perform consolidations, and troubleshoot R2R operations.

❓ Does the Workday Finance R2R training include hands-on experience?

✅ Yes, students will gain practical experience through real-world scenarios, system demonstrations, and exercises that simulate actual Workday financial operations.

❓ Will this training help me get a job?

✅ The skills you gain are relevant to roles such as Financial Systems Analyst, Workday Finance Analyst, R2R Specialist, and Workday Functional Consultant.

❓ Are end-to-end period closing actions included in the training?

✅ The training encompasses the entire period closure lifecycle. This includes journal processing, intercompany settlements, closing checklists, reconciliation tasks, and the generation of final financial reports.

❓ Are certification tests included after the training?

✅ Although Workday certifications are administered by Workday partners, this course equips you with the knowledge needed to perform R2R activities and prepare for certification paths led by partners.

❓Does the course address issues related to financial reporting?

✅ Workday’s reporting capabilities, such as trial balances, financial statements, management reports, and audit-ready documents, are integrated throughout the training.

❓Is the course suitable for both technical and functional learners?

✅ The course is valuable for both areas, as it covers functional accounting procedures and system configuration concepts.