FIN DATA LOADING

You are a project manager for a Workday deployment and your customer has created a Customer Central administrator account for you. Which tasks are your responsibilities? (Select two correct answers.)

-Manage which tenants the Customer Central users may use the tools against
-Authorize which tenants fall under the Customer Central umbrella

Which are the responsibilities of the Customer Central Security Administrator? (Select two correct answers.)

-Unlock Customer Central user accounts and monitor sign-in activity
-Configure Customer Central tenant setup related to security policies

What task do you use to configure the default time zone of a tenant?

Edit Tenant Setup – System

Your client decides they want to create reversal journals when they cancel operational journals. Where do you elect reversal journal options?

Edit Company Accounting Options

How would you describe a foundation recipe and its use?

A fixed scope of setup and configuration tasks used to build the foundation tenant.

What is the difference between the iLoad and Advanced Load data conversion tools?

Advanced Load sits in the customer central tenant and requires an import step prior to loading.

You are a Workday customer who wants to explore how an upcoming retained earnings feature will impact your production data. What tenant do you use?

Sandbox Preview tenant

What do consultants call the foundation tenant?

Baseload tenant

What prepopulated tenant should consultants and customers use for research, learning, and testing?

GMS/Unified tenant

You are a consultant trying to sign in to your client’s foundation tenant. What password should you use?

Your implementer account password

What prepopulated tenant should consultants and customers use for research, learning, and testing?

GMS/Unified tenant

What deployment tool displays data in a tabular representation of a web service and includes grids?

Advanced Load

What factory default data do you load as part of a foundation recipe?

Implementation Suites

You were recently added to a new deployment project. Your client is live with Workday HCM and Payroll. You will assist in deploying Workday Financial Management. What is the name for this deployment type?

Phase X deployment

What account does the project manager create to use Advanced Load?

Implementer Account

What legacy deployment tool do use Excel spreadsheet to export and import data in the baseload tenant?

Iload

If you want to assign roles as part of the foundation recipe, which tenant should you use?

Foundation Tenant

If you want to test a configuration before deploying it to live, which tenant should you use?

 Sandbox tenant

In a Financials First deployment, which deployment document would you use to collect client details such as cost centers, organizations, etc.?

Deployment Workbook

What is the purpose of the SFTP directory in the SFTP default for Advanced Load?

 To have the folder with the documents to use

You are a consultant trying to access the iLoad tool. What tenant do you use?

Baseload tenant

Your client asks what data loading tool to use for a simple inbound integration for journal entries. What do you recommend?

EIB

Your client asks you to explain the difference between the Sandbox and Sandbox Preview tenants. How do you differentiate these tenants?

The Sandbox and Sandbox Preview tenants are copies of the Production tenant, but the Sandbox Preview tenant includes added functionality available in upcoming releases.

What organization type do you use to hold financial transactions, budgets, and workers?

Cost Center

What report can you use to verify a successful location hierarchies advanced load?

Organization Summary

What report can you run to view organizations for which there are errors or warnings?

 Organization Exception Audit Report

Which ledger statuses allow accounting journal entries? (Select two correct answers.)

Close in Progress and Open

You are working on a Workday Financial Management deployment and are preparing to load sales items for your client. What object does Workday require before you can load sales items?

 Revenue Category

You are a consultant meeting with a client to review role-based security configurations. Your client is concerned that the accounts receivable specialist has too much oversight in the revenue management process. What report do you recommend your client run?

Segregation of Duties - Potential Customer Conflicts

Your client mentions they have auditors who need to create custom reports only during the year-end audit. What security group should you assign the auditors to?

Temporary Report Writer

Your client is deploying Workday HCM and Financial Management. What organization is not in scope for this deployment?

Pay Group

What report do you run to identify the manager role for allocation hierarchy?

View Assignable Roles

What must you assign to the company before you can create ledger years and periods?

Fiscal schedule

What function determines which bank account to use when settling payments?

Bank routing rules

Your customer cannot remember what security group can run the Mass Update Ledger Period Status task. What report would you run?

View Security for Securable Item

How does Workday evaluate account posting rule condition dimensions and values?

Workday evaluates dimensions as an AND operator and values as an OR operator.

You are a consultant loading role assignments through an Advanced Load file. You are assigning roles to the following organizations: a company hierarchy, a location hierarchy, and a supervisory organization. How many primary keys do you include in the Advanced Load template?

3

Your manager tasks you with loading your client’s four account sets: Corporate, Operational, Plant, and Conversion. Your client notes that they want Corporate to be the parent account set. You will load these account sets via an Advanced Load. How do you configure Corporate as the parent account set in your template?

Identify Corporate as the Chart of Accounts and roll-up all other account sets into Corporate.

How does the Workday banking and settlement engine differ from other software vendors?

Workday allows all operational transactions to flow through the settlement engine.

Why would you use a pre-hire record in a first Financials implementation?

To use Job Profiles

In which order should you assign/load business objects like locations and location hierarchies?

Locations → Location Hierarchies without dependencies → Location Hierarchies with dependencies

You are using a bank routing rule, and you want Workday to pay employee reimbursements from a bank account. What criteria do you use?

 Payment Category

If you want to review the configuration of a role (role, security group, organization), which report should you use?

View Security Group

The company’s accountants cannot analyze reports related to spend categories. Which role should you assign to them so they can review and analyze these reports?

 Accountant

What ID do you assign to ledger accounts?

Reference ID

Your customer deployed Workday Financial Management. What tenant should they use to record a journal for Q1 results?

Production tenant

You are configuring user-based security for your customer’s foundation tenant. Your customer communicates that their Workday analyst will validate the foundation tenant build. At a minimum, which security groups should you assign to this analyst? (Select three correct answers.)

Security Administrator
Business Process Administrator
Organization Administrator

What are the objectives of using the Foundation Data Model (FDM)? (Select two correct answers.)

-To establish a scalable, future-proof application.
-To model dimensions based on reporting needs.

You are a functional consultant that needs to load ledger accounts into the foundation tenant. You need to request ledger account details from your client. Which details should you request? (Select two correct answers.)

-Ledger account types

-Ledger account identifiers

You are a Workday consultant loading three account sets for your client: Standard, Workday, and Conversion. The Conversion account set includes the following ledger accounts: AP Conversion, Cash Conversion, AR Conversion, and Debt Conversion. How many unique row numbers do you add for the ledger accounts?

FOUR

What is the purpose of the revenue category?

Customers use revenue categories to group similar types of revenue.

What report do you run to display all company hierarchies configured in a tenant?

Organization Summary

You are in a design session with your client to discuss the Foundation Data Model (FDM). What is the goal of FDM?

To determine which worktags to use and assign values.

How do you describe data purging to a customer?

Data purging in Workday enables you to delete certain personally identifiable information (PII) permanently from your tenant.

You complete the foundation tenant build and your client confirms their design through testing. Your client identifies instances that exist within the current tenant build that are out of scope. You discover some of these instances you cannot permanently delete from the tenant. What action should you take on the instances you cannot delete?

 Mark the instances as Do Not Use (DNU) and inactivate the instances if possible.

What report do you run to identify the manager role for allocation hierarchy?

 View Assignable Roles

What Security Group can open ledger periods?

Accounting Manager