Skip to main content
Documentation
Documentation
Administrator Guide
Last Updated: 2024-09-20
Download PDF
Steps: Set Up Companies in AP&C

Steps: Set Up Companies in AP&C

Security:
Create: Company
 domain in the Organizations and Roles functional area. See Steps: Set Up Security Permissions.
Set up the companies in Adaptive Planning and Consolidation (AP&C), for which you want to:
  • Record business transactions.
  • Produce financial statements.
  • Create other statutory reports.
Companies are organizations within Workday that represent the internal business entities within your enterprise. In Workday Financial Management, companies are the primary organization for all business processes.
  1. Access the
    Create Company
     task to set up your Workday company.
    Workday recommends that you create a company for every internal entity that has a separate tax ID.
  2. (Optional for USA companies only) .
    Set up a company relationship where multiple companies roll up to a single managing company that serves as the reporting legal entity.
  4. Add contact information for the company.
  5. Create ID Definitions and Sequence Generators
    Specify how Workday constructs and formats IDs that it automatically generates in sequence for various financial transactions and processes tasks.
  6. Specify sequence generator ID definitions for various transactions, transaction documents, and processes throughout the tenant.
  7. Access the
    Edit Company ID Definitions
     task.
    To help you determine what to override, Workday displays the tenant settings for reference. Enter sequence generator ID definitions that are specific to the company rather than the default tenant settings.
Define the fiscal schedule for your company.