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Administrator Guide
Last Updated: 2024-03-08
Reference: Period Close Work Area

Reference: Period Close Work Area

As your workers complete steps in the
Period Close
event business process, you can use the
Period Close Work Area
report to manage your period, quarter, and year-end closes.
Security:
Process: Period End
domain in the Common Financial Management functional area.
You can access these tasks from the work area:
Task
Description
Change Fiscal Period
Workday automatically displays the latest period that has one or more closes.
Change the fiscal period as necessary.
Find Period Closes
Review details of the period close process.
Period Close Metrics
Analyze period close metrics and review the progress for the latest fiscal period with a close event.
Period Close
Manage Attachments
from the Period Close related actions menu.
Attach documents to the closed period.
Example:
  • Attach completed balance sheet reconciliations for the accounting manager to review and sign off on.
  • Attach final financial statements for the controller to review and approve.
The documents are then available on:
  • Close notifications.
  • The
    View Period Close
    report.
Period Close
Edit Period Close Details
from the Period Close related actions menu.
Change the expected completion date of the period.
Period Close Notification
Notify workers regarding a period close that's in progress.
When you submit the notification, Workday launches the
Period Close Notification
event business process.
Each close event can have only one active notification event. If a notification is in progress when you submit another one, Workday cancels the existing notification and launches a new notification event.
If you included the
Review Period Close
action step, the business process creates a My Tasks notification for the worker.
If the worker has appropriate security access, the notification includes:
  • Detailed period close information.
  • Period close business process information.
  • Process history.