Concept: Accounting Center
Accounting Center is a fully integrated solution built on an analytic engine. With Accounting
Center, you can:
- Import high-volume business events into Workday.
- Enrich the data with meaningful attributes and create accounting journal entries for those transactions.
- Report on and analyze the journal entries with full drill-down visibility into the source transactions.
You can bring transactions from previously disparate systems into 1 solution to process the
transactions, thereby simplifying the accounting and reconciliation process.
You can improve data quality and reporting, as well as streamline your consolidation and close
process.
Together with Prism Analytics, Accounting Center offers more advanced reporting with a richer
reporting dataset that provides improved statutory, operational, and regulatory
reporting.
You can use Accounting Center to:
- Enrich data.
- Create detailed accounting.
- Create summarized accounting.