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Administrator Guide
Last Updated: 2024-09-20
Steps: Set Up Accounting Categories in AP&C

Steps: Set Up Accounting Categories in AP&C

You can logically group similar accounting objects for posting, searching, and reporting purposes in Adaptive Planning and Consolidation (AP&C). You can establish accounting categories for:
  • Business assets
  • Customers
  • Receivable write offs
  • Revenue
  • Spend
  • Suppliers
Workday requires that you assign a category to every customer, supplier, item, business asset, and writeoff.
  1. Create categories to classify the types of spend categories you want to report on. Examples: Assets, Expense Items.
  2. Access the
    Maintain Customer Categories
     task.
    Create categories to classify the types of customers you have. Examples: Hospitality, Technology.
    Security:
    Set Up: Customer Categories
     domain in the Common Financial Management functional area. See Steps: Set Up Security Permissions.
  3. Access the
    Maintain Supplier Categories
     task.
    Create categories to classify the types of supplies you want to account for. Examples: Office supplies, Utilities.
    Security:
    Set Up: Supplier Categories
     in the Common Financial Management functional area. See Steps: Set Up Security Permissions.
  4. Add categories to classify the types of revenue you need to track and report. Examples: Product Sales, Interest Income.
For all category types, you can use accounting categories to assign as characteristics to accounting objects and people. You can then:
  • Report on everything assigned to a specific category.
  • Search for and find groups of objects or people according to a specific category.
For spend and revenue categories you can use the categories as worktags. Example: When you create a journal, tag it with a spend or revenue category.