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Administrator Guide
Last Updated: 2023-06-23
Submit a Plan or Budget for Approval

Submit a Plan or Budget for Approval

  • Enter or upload plan or budget values.
  • On the plan or budget structure, select the option to require approvals and amendments.
  • Configure the
    Plan Event
     business process and corresponding security policy.
  • For all plans and budgets in hierarchies (both multicompany and single company), you must approve the parent before you can submit a child.
You can review a company's plan or budget to ensure that it's complete, then submit for approval. You can use the approved plan or budget in financial reporting and budget checking during various transactions.
  1. Access the
    Submit Plan
     task.
  2. Select the
    Plan Structure
     and
    Company
     for the plan or budget that requires approval.
    For multicompany plans or budgets, you can only submit for 1 company at a time. Workday only moves the overall plan or budget to
    Available
     status after you submit and approve every individual company's plan or budget.
  3. Submit the plan or budget for approval.
For a true parent-child plan hierarchy, Workday issues a validation upon submission if the linked child amounts exceed the parent amounts. You can then adjust the amounts and resubmit.
If you configured custom validations for plan lines, Workday issues those validations upon submission. You can access the
Plan Lines with Custom Validations
 report to view plan lines with validation errors and warnings.
Workday initiates the
Plan Event
 business process and sends an inbox item to the reviewer to approve or deny the plan or budget. Once approved, you can only change the plan or budget values with amendments.