Five Things to Know about FST: May 12, 2022

 

1. Workday Finance Training is taking place now; make plans to get training completed for you and your team before go-live.  Instructor-led and self-paced options are available.  If you have any questions about your training, reach out to askfinance@virginia.edu

2.  Now is the time to plan for Cutover Deadlines.  Visit our Cutover Resources page to view the deadlines and get more info about what you can do now to prepare for the shift from Oracle to Workday Finance.

3.  FST Friday recordings are available, including a new demo of reporting in Workday Finance.  Check them all out on the FST website (scroll to the bottom of the list of resources).

4.  Future State Finance Considerations:  the FST Team is working with schools and units on Fund balance realignment (shifting funds from Oracle, which is a 2-ledger, to Workday Finance, which is a flat ledger) and fund balance ownership (a new way of seeing budgets vs. actuals).  

5. Workday Finance goes live July 5, 2022!  But wait!?  Didn't we say July 1 was the date?  July 1 is the day things begin to happen with go-live, but July 5 is the first day for you as a stakeholder to get into the new system.  

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