Concept: How Transactions Get Balancing Worktags
After you enable required worktag balancing, transactions that generate accounting must
balance by worktag.
This table lists the balancing option Workday uses to determine the balancing worktag
for the offset journal line of applicable transactions:
Always Inherits from Predecessor Transaction | Always Inherits from Transaction | Determined by Balancing Rules and Rule Set | Balancing Worktag Specified in Transaction |
|---|---|---|---|
Assign asset accounting | Depreciation | Ad hoc bank transaction | Allocation You can specify the balancing worktag in the transaction
header. Workday automatically creates due to and due from entries for the
other balancing worktag values in the journal. Alternatively, you can
manually create journal entries to balance the journal by balancing worktag.
|
Customer payment deposit | Fringe benefit commitment | Ad hoc payment | Asset disposal |
Customer refund | Fringe benefit commitment liquidation | Customer cash sale | Asset transfer |
Expense credit card payment | Fringe benefit obligation | Customer invoice | Asset reclassification |
Expense payment | Fringe benefit obligation liquidation | Customer invoice adjustment | Bank account transfer |
Intercompany payment | Grants transactions | Customer invoice writeoff | Journal entries You can specify the balancing worktag in the transaction
header. Workday automatically creates due to and due from entries for the
other balancing worktag values in the journal. Alternatively, you can
manually create journal entries to balance the journal by balancing worktag.
|
Intercompany receipt | Payroll commitment | Expense report | Procurement card transaction verifications You specify the balancing
worktag in the Create Corporate Credit Card Billing Account
task. |
Payment return | Payroll commitment liquidation | Fringe benefit | Roll forward year-end balances |
Payroll payment | Payroll accrual | Payroll result | |
Prenote payment | Payroll forward accrual | Supplier invoice | |
Prepaid spend amortization | Payroll obligation | Supplier invoice adjustment | |
Procurement card load | Payroll obligation liquidation | ||
Supplier invoice payment | Purchase order | ||
Receipt accrual | |||
Requisition | |||
Revenue recognition | |||
Reverse depreciation | |||
Supplier contract |