![]() ![]() But if anything goes wrong, a crack forms in the foundation of the employer-employee agreement. It’s just as easy to forget how important compensation and payroll are. Steps to view and update the FTE for a position that is budgeted.It’s a little like breathing you don’t think too hard about it unless you hold your breath, and then it’s all you can think about. View and Update Budgeted FTE for Position - WIG Steps to view and update budgeted position costing which will flow into the BUD document. View and Update Costing Allocations for Position Restrictions - WIG Mainly utilized during the university's Budget season. It combines Workday job and compensation details with payroll actuals/encumbrances from *DEFINE.Īccess to definitions and guidance for running and reviewing the results. Allocation DetailsĪllocation Details provides allocation amounts for salaried and hourly employees that can be viewed by EID, account number, budget group, and other options. Guidelines for properly entering costing for faculty on salary spread. Guidance for Funding Changes during Long Session with Salary Spread.Scenarios and explanations for setting up costing segment dates. Steps and tips to setting up Workday costing segments correctly, especially for costing segments with mid-month end dates. Guidance for Costing for Compensation Plans with Mid-Month End Dates.Guide to entering *DEFINE Codes in Workday. Used to help calculate funding amounts to comply with Guidelines for Charging Faculty Summer Salary to Sponsored Projects Workday Financial Transaction Guidance Highlightsįind more information on the Workday Financial Transaction Guidance page. General guidance on using the tool, along with common summer scenarios. ![]() Tool only for faculty job profiles for summer employment. Guided example of hourly employee scenario Guided example of specific faculty release scenario.Įxample – JCT Hourly Employee including Longevity Pay – Dollar Basis To make use of these features, download the file to your computer and then open with Excel.Įxample – JCT Faculty Release from Instructional Budget – Percentage Basis The Job Costing Excel spreadsheets use advanced features that are not available when viewed in Box or via Excel Online.These details and more are available in the Header tab of the tool. To adjust Working days to exclude UT holidays, select the Benefits Ineligible rate from the Fringe % dropdown field. Working days will include UT holidays by default (benefits-eligible).The Job Costing Tool is designed to estimate compensation charges and resulting costing allocation distribution percentages or amounts based on Workday's payroll actual calculations. This is a subprocess of Hire, Add Job, and Change Job. Steps to add a Funded By account to a worker/position. Steps for Cost Center Managers to add or update costing allocations only. Steps for HR roles to add or update costing allocations within a Hire, Add Job, or Change Job.Īssign Costing Allocation as a Stand-Alone Process - WIG Change Organization Assignments & Assign Costing AllocationĪssign Costing Allocation as Sub-Process - WIG Visual guide and tips for Cost Center Managers when approving business processes. Risks and impacts related to Funded By Organizations.Ĭost Center Manager Review & Approval Guide Managing Funded By Organization Assignments Report Guidance ![]() Workday Terminology important within job costing. Terminology for Financial Analysts and Cost Center Managers Shows *DEFINE account structure and correlation in Workday. Visual screenshots of how to navigate to Worker History. Visual screenshots of costing related information found within worker’s profile. Key concepts and fields associated with job costing within Workday. Key : WIG - Workday Instructional Guide WPO - Workday Process Overview Related Instructor-Led Training (ILT) ![]() Training, guidance, and tools for Cost Center Managers, Financial Analysts, and University HCM Fiscal Analysts. Job Costing | Workday retweet icon bullhorn icon reply icon info icon flickr icon tumblr icon vimeo icon reddit icon podcast icon angle-down icon angle-left icon angle-right icon angle-up icon ban icon hamburger icon book icon bookmark icon bug icon caret-down icon caret-left icon caret-right icon caret-up icon chain icon check icon check-circle icon chevron-down icon chevron-left icon chevron-right icon chevron-up icon circle icon circle-o icon clone icon close icon download-cloud icon code icon download icon ellipsis icon envelope icon warning icon external-link icon eye icon eye-slash icon facebook icon github icon google-plus icon heart icon heart-o icon home icon info-circle icon instagram icon linkedin icon lock icon medium icon minus-circle icon send icon pause-circle icon play-circle icon plus-circle icon question-circle icon quote-left icon quote-right icon rss-square icon search icon share-alt icon slack icon snapchat icon ticket icon twitter icon wheelchair icon youtube icon ![]()
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