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Administrator Guide
Last Updated: 2023-06-23
Steps: Set Up Budgetary Roll Forward and Close

Steps: Set Up Budgetary Roll Forward and Close

Set up Workday to roll budgets forward at year-end. You can roll unspent budget for specific cost centers, funds, or other worktag types from the completed ledger year to the next year. You can also close your unspent budget.
  1. Access the
    Maintain Entry Types
     task.
    Define entry types to identify the plan lines for specific plan types, such as financial plans or position budgets. Workday uses entry types for reporting purposes when you roll over and close plans and budgets.
    You associate an entry type with a structure and company or company hierarchy when you create a template.
    Security:
    Set Up: Budget General
     domain in the Budgets functional area.
  2. Access the
    Mass Update Entry Types
     task.
    Assign entry types to existing structures and budget amendment types. Workday updates existing plan lines and sets default types for future lines.
    You can only run this task the first time you roll your budget forward.
    Security:
    Set Up: Budget General
     domain in the Budgets functional area.
You can complete the budgetary roll forward and close process using the
Create Budgetary Roll Forward / Close
 task.