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Administrator Guide
Last Updated: 2023-06-23
Reference: Bank Statement and Reconciliation Statuses

Reference: Bank Statement and Reconciliation Statuses

These tables describe the status values for bank statement and reconciliation tasks.

Bank Statement Statuses

Status
Description
Draft
When you first create a bank statement, whether using the quick entry or manual method, the statement has a status of
Draft
. If you can't complete a bank statement and its associated reconciliation tasks, you can save the statement without submitting it, and the statement retains its draft status.
If you use the
Change
related action to modify an approved bank statement, the status of the statement returns to
Draft
. You must reselect the
Submit
check box on the statement to send it out for review and approval.
Approved
Once a bank statement is approved, the status changes to
Approved.
A statement can have a status of
Approved
even when there are bank statement lines that aren't reconciled. The bank statement has its own status separate from the status of the reconciliation activities.
Canceled
When a bank statement is canceled, Workday will exclude all bank statement lines from reporting and bank reconciliation processes. Bank statement cancellations are permanent.

Reconciliation Statuses

Status
Description
Reconciled
Before any bank statement bank lines are matched with system transactions, the reconciliation status is
Unreconciled.
Once all bank statement lines are matched with system transactions, the status changes to
Reconciled.
In Process
If some bank statement lines are reconciled and others aren't, the overall bank reconciliation status is
In Process.