WORKDAY
About This Course
Course Overview :
Workday Payroll is an advanced payroll system that uses a modern calculation engine to handle complicated and specific requirements of the organization. Workday Payroll comes with pre-built reporting tools that provide very useful and intelligent insight to organizations. It is also available on cloud and is secure, scalable and flexible that makes it a very lucrative and for organizations to use it. Workday Payroll training is a must for working professionals who are in enterprise solutions sector and also very much necessary for aspirants who want to build a career in Workday technology. The Workday Payroll online training course at Ecorp trainings facility is a contemporary course that is delivered online through instructor –led live sessions and focuses on theory as well as practical. The course gives a broad overview of payroll systems and also the best practices to use Workday Payroll.
Course Content
Introduction to Workday Payroll
- Configure Tenant Setup – Payroll
- Setup the Payroll Processing Framework
- Period Schedule structure
- Run categories
- Defining payment election rules
- Pay Groups
Defining Earnings and Deductions
- Earnings
- Deductions
- Info required to determine Earnings and Deductions
- Explore Bonus Earning
- Pay comp Groups
- Criteria
- Calculation details
- Compensation Elements
- Time earnings
- Benefit plans
- Paycomp security group
- Costing
- Limits
- ROE(Canada)
Up Federal,State and Local Tax Reporting
- Overview of Tax setup
- Setup payroll taxes
- Set up Company
- Setup Company, Federal, State and Local Tax setup
- Define Tax authority exception
- Setup worker Tax elections
- Multiple work tax jurisdictions
- w/2 Setup – Map wage Tax components to customer configured W2 Boxes
Setup Withholding Orders
- Overview of Withholding orders
- Identify disposable income for a withholding order
- Create deduction recipient
- Record the details of the Withholding Order
- Editing support order
- Amend or Terminate a support order
- Processing priority of a withholding order
- View Withholding Orders for a Worker
Setup Payroll Accounting
- Overview of Payroll Accounting
- Suspense Accounts
- Generate Accounting Resultst
- Run Payroll Accounting and Review Accounting Results
Setup Banking and Settlement
- Overview of Banking and Settlement Configuration
- Prerequisites to Banking and Settlement Configuration
- Define payment election rules
- Configure payroll payslip
- Configure check print layout
- Define bank accounts
- Define Routing Rules
- Pre-note runs
- Configure Settlement
Configure roles and security
- Overview of Roles and Security Groups
- Pay component Based Security
Define Business Process
- Overview of Business Processes
- Payroll Specific Business Processes
Payroll Input and Processing
- Overview of the payroll input process
- Enter an override
- Make a special Entry
- Loan configuration and Repayment
Payroll process On Cycle and Off Cycle
- Run and Complete a Payroll
- Process an off cycle Manual Payment
- Process an off cycle Reversal
- Process an off cycle on Demand Payment
Check Configuration Steps
- Pre-printed check vs Blank check Stock
- Formatted MICR field vs Default MICR line
- Fraction and last check number used
- Addresses
- Countries
- Signatures and Logos
- PDF scaling
Your Instructors
