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EncartaLabs

Workday Payroll

( Duration: 5 Days )

In Workday Payroll training course, you will explore and configure the core elements of Workday Payroll. Workday provides enterprise cloud applications for human capital management (HCM), financial management, student systems, payroll, and analytics.

By attending Workday Payroll workshop, delegates will learn:

  • Explain the payroll process
  • Set up Workday Payroll and the payroll processing framework
  • List steps to set up taxes
  • Define earnings, deductions, and other pay components
  • Set up withholding orders
  • Set up payroll accounting, banking and settlement
  • Configure payroll business processes and payroll security
  • Use Workday Payroll to perform payroll processing tasks and delivered payroll reports
  • Create custom payroll reports

This Workday Payroll class is suitable for:
  • HR/Accounts/Finance/Payroll Personnel

COURSE AGENDA

1

Payroll Overview

  • Access payroll applications and dashboards
  • Navigate the payroll categories of the sitemap
  • Locate payroll information in a worker’s profile
  • Describe payroll setup
  • Identify the steps in the payroll process
  • Identify sources of payroll data
2

Payroll Processing Framework

  • Enable a tenant for payroll
  • List the elements of the payroll processing framework
  • Create period schedules
  • Define gross and net pay accumulations
  • Define run categories
  • Define payment election rules
  • Create pay groups
  • Assign workers to pay groups
3

Tax Setup Overview

  • Identify tax setup tasks
  • Describe the Workday-delivered tax data
  • Explore worker tax elections
  • Use the Payroll Compliance Updates dashboard
4

The Calculation Engine

  • Identify the types of calculations
  • Identify payroll-specific calculations
  • Build simple calculations
5

Earnings And Deductions

  • Recognize sources of payroll calculation values
  • Create and edit earnings and deductions
  • View net pay validation
  • Maintain payroll audit configurations
  • Specify limits for recouping arrears
6

Set Up Federal, State, And Local Tax Reporting

  • Explain reciprocity
  • Complete prerequisites for tax reporting
  • Set up Federal, State, and Local tax reporting for a company
  • Enter employee tax elections
7

Set Up Withholding Orders

  • Create a deduction recipient
  • Add earnings and non-statutory deductions to Workday delivered pay component groups
  • used to calculate disposable income
  • Record withholding orders in the system
  • Amend and terminate support orders
  • Override the processing priority of a support order,
  • View all withholding orders for a worker
8

Set Up Payroll Accounting

  • Create ledger account types, master account set, account set
  • Create account posting rule (default), fiscal schedule and posting Intervals and initial fiscal year and next fiscal year
  • Associate company accounting details
  • Create ledger types, assignment for each company, year and ledger periods
  • Configuring Forward Accruals (in account posting rule set- Tentatively: Configure Forward
  • Accrual in Account Posting Rule Set
  • Journal Summarization Maintain Payroll Journal Options Summarize Payroll Journal
  • Configure Payroll journal Summarization
9

Set Up Banking And Settlement

  • Prerequisites to Banking and Settlement Configuration
  • Overview of Banking and Settlement Configuration
  • Configure ACH Integration
  • Payment Election Rules and Payroll Payslip Configurations
  • Check Print Layout, Bank Accounts and Pre-note Runs
  • Settlement Business Processes and Security Roles
10

Set Up Role And Security

  • Security Groups
  • Pay Component-Based Security
11

Define Business Framework

  • Business Process Framework
  • Pay Cycle Event
12

Payroll Input And Processing

  • Payroll Input
  • Low Volume Input
  • Input Steps
  • Payroll Processing
  • EIB
  • Create EIB
  • Retroactive Processing
13

Off Cycle Processing

  • Off Cycle Processing
  • Manual Payments
  • Reversals
14

Reporting In Workday

  • Reporting Need to Know
  • Delivered Reports
  • Creating Reports

Encarta Labs Advantage

  • One Stop Corporate Training Solution Providers for over 6,000 various courses on a variety of subjects
  • All courses are delivered by Industry Veterans
  • Get jumpstarted from newbie to production ready in a matter of few days
  • Trained more than 50,000 Corporate executives across the Globe
  • All our trainings are conducted in workshop mode with more focus on hands-on sessions

View our other course offerings by visiting https://www.encartalabs.com/course-catalogue-all.php

Contact us for delivering this course as a public/open-house workshop/online training for a group of 10+ candidates.

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