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Administrator Guide
Last Updated: 2023-06-23
Enter Intraday Bank Statements Manually

Enter Intraday Bank Statements Manually

Configure the
Intraday Bank Statement Event
 business process and security policy in the Cash Management functional area.
You can record your intraday bank statements in Workday to determine your daily cash position. Intraday statements can include a combination of booked and pending items. Workday enables you to enter or import any number of intraday bank statements per day without impacting prior day bank statement reconciliations.
  1. Access the
    Record Intraday Bank Statement
     task.
  2. Specify the
    Statement Date
     from the bank statement.
    Workday automatically populates the date that follows the previous statement date for the bank account.
  3. Enter the balances and transactions from the bank statement by type code.
  4. As you complete the task, consider:
    Option Description
    Type Code
    Select the type code that identifies the type of activity on the bank statement line. Example: Type code 475 that identifies a paid check amount.
    You can select predefined custom type codes or standard type codes. The type codes are based on the bank statement format associated with the bank account.
    Value Date
    (Optional) Enter the date when the financial institution recognizes the full transaction value on the bank statement line. When you specify a value date, you can:
    • Group multiple bank statement lines or match individual lines by their value date using matching rules for automatic bank reconciliations.
    • Generate ad hoc bank transactions and the associated accounting based on the value date for manual or automatic bank reconciliations. Workday posts the journal lines to the accounting period containing the value date. If this period is closed, Workday posts the journal lines to the next open period.
      If you don't specify a value date, the ad hoc transactions reflect the bank statement line date by default.
Workday routes the intraday bank statement for approvals.
  • Generate intraday reports to assess your cash position.
  • Use the
    Find Intraday Bank Statement
     report to locate this statement and make changes, such as new or removed transactions, or edits to transaction details.