You have reached agreement with a supplier of medical supplies on pricing for often used items. A supplier catalog is created for these items and this catalog is linked to a new supplier contract.

What can be done to ease regular pricing updates for items in this catalog?

You are a supplier contract specialist. One of your approved supplier contracts lists an incorrect contract amount.

How can you correct the amount on the contract?

An accountant uses the Create Journal task to create a balanced accounting journal entry in an open period. One of the journal lines contains a new spend category worktag. The other journal line contains a liability account. The finance administrator did not configure the Account Posting Rules.

What is the status of the accounting journal after it completes the business process?

What configuration can you perform using the Maintain Worktag Usage task?

What task do you use to view and modify allowed worktags?

What can you base the automation of the supplier invoice creation process on?

What is the first task to set up financial accounting for a company?

To require a location on a supplier invoice for your company only, what task do you use?

You are an implemented and your customer requires multiple organization units of the same type. These organizations will have a budget and they will group financial transactions and workers. Certain employees will need to approve transactions and run reports about these organizations.

What delivered organization type should you create?

You are setting up your suppliers, and you must group them in various ways.

What is the criterion for supplier categories and groups?

How does Workday determine which ledger account to use in the account posting rules?

You must create required spend categories.

Which attribute can default onto your requisitions and purchase orders from the spend category?

The APR spend rule for general ledger 7200 Marketing has these attributes:

• Dimension: Spend Category

• Values: Meetings, marketing, and travel

• Dimension: Cost Center

• Values: 37000 Learning and 24000 Outsourcing

What supplier invoice will post to 7200 Marketing?

A financial analyst needs to upload a large number of journal entries into Workday. They created an EIB to import this information, but a necessary column is missing from the template.

What action do they take to ensure the journals post correctly?

Which option can you select when using the Create Purchase Order task?

Refer to the following scenario to answer the question below.

You are setting up Workday Procure to Pay and need to manage procurement items. You must ensure that when a requisition or purchase order is created, the system will track the manufacturer part number as well as prioritize suppliers. You need to allow the addition of the manufacturer part number to the procurement item.

How will you do so?