Reference: Statistic Ledger Accounts and Statistic Definitions Comparison in AP&C

When using statistics as the basis for allocations or for reporting purposes in Adaptive Planning and Consolidation (AP&C), Workday supports 2 types of methods: statistic ledger accounts and statistic definitions. Workday recommends using statistic ledger accounts over statistic definitions when possible for better reporting performance. If you have performance issues with the statistics definitions framework, we recommend that you use the statistic ledger accounts method instead. Compare the 2 methods:

	Statistic Ledger Accounts	Statistic Definitions
Ability to enter and view statistics by accounting date?	Yes.	No. You can only enter and view statistics by period.
Requires dimensions?	No. You only need a company and ledger account combination.	Yes.
Ability to restrict ledger accounts to companies?	Yes.	No.
Supports custom objects?	Yes.	No.
Ability to control entries based on period status?	Yes.	No.
Ability to use ledger account summaries for reporting?	Yes.	No.
Ability to make incremental additions or changes to amounts?	Yes.	No.
Efficient report performance?	Yes.	Slower reporting performance for large volumes.
Supported by OfficeConnect?	Yes.	No.
Requires you to expand the chart of accounts?	Yes.	No.
Supports custom validations and business processes?	Yes. You must set up validations to ensure there's no impact to financial statements.	No.
Supports high-volume data extracts?	Yes.	No.
Supports Adaptive Planning?	Yes.	Yes but requires additional configuration.
Supports reporting use cases?	Yes.	Yes but requires additional data sources that aren't as efficient.
Overlaps with actuals and ledger data?	Yes.	No.
Separate worktag usage from accounting journals?	No.	Yes.
Uses the percent statistic type?	No.	Yes.
Ability to replace all when loading statistics?	No.	Yes.
Separate reporting data source from journal or plan lines?	No.	Yes.
Separate web services from journal or plan lines?	No.	Yes. Uses web services specific to statistic definitions.
Requires you to balance entries?	Yes.	No.
Requires additional currency rate type for translated results?	Yes.	No.
Displays in delivered reports for journal lines unless filtered?	Yes.	No.