Workday Workday-Record-to-Report Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Introduction to Record-to-Report | - End-to-end business process overview - Core concepts and purpose of the R2R cycle |
| Journal Processing and Accounting Entries | - Journal creation, validation, and posting - Adjustments, reversals, and approval workflows |
| Security and Workflow Configuration | - Access controls for financial processes - Process automation and workflow design |
| Period End Close and Consolidation | - Financial consolidation and intercompany processing - Month-end and year-end close procedures |
| Chart of Accounts and Organizational Setup | - Ledger and organizational structure design - Financial dimensions and configuration |
| Financial Accounting Fundamentals | - Accounting principles in Workday - Financial structures and ledgers |
| Financial Reporting and Analytics | - Reporting frameworks and analytics tools - Financial statement generation |
Workday Pro Record-to-Report (R2R) Certification Sample Questions:
Question #1
Company A provides IT services to Company
B At the end of the month, Company A needs to bill Company B.
How will they do so?
A. Company B creates a vendor invoice for Company A.
B. Company B creates an intercompany invoice for Company A.
C. Company A creates an external customer invoice for Company B.
D. Company A creates a direct intercompany customer invoice to bill Company B.
Question #2
Company X and Company Y are part of the same Workday tenant. Company X provides consulting services to Company Y.
How will you record this intercompany service in Workday to ensure proper tracking and elimination during consolidation?
A. Use the intercompany transaction functionality, with Company X recording revenue and Company Y recording an expense.
B. Process journal entry only in Company X's books.
C. Directly transfer funds between the bank accounts of Company X and Company Y.
D. Process a regular vendor invoice from Company X to Company Y.
Question #3
A company wants to allocate costs from operating expenses ledger accounts with a cost center of Facilities and a location of Chicago. When the current allocation definition is run, all costs posted to the operating expenses ledger accounts are being allocated regardless of cost center or location.
What should you do?
A. Add the cost center and location to the source.
B. Add the cost center and location to the statistic definition.
C. Add the cost center and location from the source data to the offset.
D. Add the cost center and location from the source data to the target.
Question #4
What security group can enter a supplier invoice?
A. Accounts Payable Data Entry Specialist
B. Accounts Payable Analyst
C. Accounts Payable Manager
D. Supplier Administrator
Question #5
Company A and Company B need to upload accounting journals. Each company wants specific worktags available in the spreadsheet template.
What should these companies do?
A. Each company must configure its own template to include different worktag columns.
B. No additional configuration required, provided that both companies use the same account set.
C. Both companies may use the same template, additional columns for worktags can be made available by editing the template.
D. No additional configuration required, each company can add columns when filling out the spreadsheet.
Solutions:
| Question #1 Correct Answer: D | Question #2 Correct Answer: A | Question #3 Correct Answer: A | Question #4 Correct Answer: A | Question #5 Correct Answer: C |
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