Reminder - New accounting adjustments starting October 7, 2019

October 2, 2019

On Monday, October 7, 2019, Yale will make available new Accounting Adjustment functionality in Workday. This new task will provide individuals the ability to make changes to budget dates, Chart of Accounts (COA), and in some cases spend category for paid supplier invoices, supplier invoice adjustments, and expense reports. The new Adjust Accounting task will replace the need to create manual journals to correct charging and budget date errors.

A new Workday role, Cost Center Accounting Adjustment Specialist, will allow users to initiate accounting adjustments on supplier invoices, supplier invoice adjustments and expense reports.  This is a new standalone role, secured by a cost center that will be available for role assignment by units.

Accounting Adjustments are approved by Cost Center Managers, Grant Managers, Central Grant Cost Transfer Approvers and, in some cases, the Controller.

The Accounting Adjustments Training Guide is now available on the Workday Training site.  Information on assigning the new role will be provided to Lead Administrators in an email message around the go-live date.