Close Requisitions
- Configure theRequisitionbusiness process and security policy in the Procurement functional area.
- Security:Process: Requisition – Closedomain in the Procurement functional area.
You can close completed requisitions to:
- Prevent further actions from occurring against the requisition.
- Enable you to liquidate any remaining obligation balance, if applicable.
You can still close approved, unsourced requisitions.
- Select from the related action of a completed requisition.
- Review transaction and business process information to verify that you want to complete the close.
After your close request approval, Workday:
- Liquidates commitment and obligation accounting.
- Recovers and liquidates any commitment or obligation journals.
- Recovers obligated budget.
Workday uses the
Spend Liquidation for Close
transaction and its
journal source to perform the close, enabling you to identify and report on closed
requisitions.