Workday Payroll

Workday Payroll - USA | UK | INDIA

Overview:

The continuous calculation in Workday streamlines payroll processing by automatically recalculating payroll results in real time as pay-impacting events occur. Access mobile payslips via self-service. Role-based and segment-based security: Access pay results with configurable, role-based permissions.

 

What you will learn

  1. Basic HCM Concepts including basics, navigation, tenant setup, sup org, superior, location, delegation, company hierarchy and cost centre.
  2. In this comprehensive Payroll course you will learn fundamentals of Payroll Payroll Setup, Payroll input and processing.
  3. Period Run Pay group, Setting up Payroll Processing Framework, and defining earnings and deductions.
  4. Setting up of Federal, State and Local Tax deductions, UK Payroll and Canada Payroll.
  5. Setting up Payroll Reporting and configuration, business process and security, and the reality of integrated HR and Payroll.
  6. Workday Finance concepts like setting up payroll accounting, banking and settlement.
  7. Method of placement: internal client projects, external vendors, direct  full time client or partner referrals
  8. Workday Certification assistance and referral for immediate certification
  9. After this course, you will have the skills to start a successful career in Workday Payroll.

 

Job Positions to Apply after Workday HCM, Payroll and Finance Training

1. Workday Payroll Manager
2. Workday Payroll Consultant
3. Workday US Payroll Lead
4. Workday Payroll Specialist
5. Workday HCM Consultant

6. Workday Project Manager

7. Workday Functional Consultant
8. Workday Business Analyst
9. Workday Reports Business Analyst
10. Workday Integrations Business Analyst
11. Workday Techno-functional Consultant

12. Workday Finance Business Analyst
13. Workday HCM, Payroll/Finance Admin
14. Workday Security Consultant
15. Workday HCM/Payroll Functional Lead

 

LIVE Training & LIVE Project Workday Payroll USA | UK

1. Introduction to Workday Payroll.

2.Setup the Payroll Processing Framework

  • Period Schedule structure
  • Run categories
  • Defining payment election rules
  • Pay Groups

3. Defining Earnings and Deductions

  1. Earnings
  2. Deductions
  3. Info required to define Earnings and Deductions
  4. Explore Bonus Earning
  5. Paycomp Groups
  6. Criteria
  7. Calculation details
  8. Compensation Elements
  9. Time earnings
  10. Benefit plans
  11. Paycomp security group
  12. Costing
  13. Limits
  14. ROE

4. Federal, State and Local Tax Reporting

  1. Overview of Tax setup
  2. Setup payroll taxes
  3. Set up Company
  4. Setup Company,Federal,State and Local Tax setup
  5. Define Tax authority exception
  6. Setup worker Tax elections
  7. Multiple work tax jurisdictions

5. Set up Withholding Orders Overview of Withholding orders

  1. Identify disposable income for a with holding order
  2. Create deduction recipient
  3. Record the details of the Withholding Order
  4. Editing support order
  5. Amend or Terminate a support order
  6. Processing priority of a withholding order
  7. View Withholding Orders for a Worker

6. Set up Payroll Accounting Overview of Payroll Accounting Run Payroll Accounting and Review Accounting Results

7.Set up Banking and Settlement

  1. Over view of Banking and Settlement Configuration
  2. Prerequisites to Banking and Settlement Configuration
  3. Define payment election rules
  4. Configure payroll payslip
  5. Configure check print layout
  6. Define bank accounts
  7. Define Routing Rules
  8. Pre note runs
  9. Configure Settlement

8. Configure Roles and Security

  • Overview of Roles and Security Groups
  • Pay component Based Security

9. Define Business Process

  • Overview of Business Processes
  • Payroll Specific Business Process Chapter

10. Payroll Input and Processing

  1. Overview of payroll input process
  2. Enter an override
  3. Make a special Entry
  4. Loan configuration and Re payment

11. Payroll process On cycle and Off cycle

  1. Run and Complete a Payroll
  2. Process an off cycle Manual Payment
  3. Process an off cycle Reversal
  4. Process an off cycle on Demand Payment Testing Approach – 2hour

Frequently Asked Questions

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