Create Cash to Bank Reconciliation Initial Balances

Roll year-end balances forward.

Security: Process: Cash to Bank Reconciliation Initial Balance
domain in the Financial Accounting functional area.

You can create initial operational cash balances for the period from which you want to start reconciliation. Example: If you want to start reconciling cash operational transactions from a specific month, select the month and year for the

Period

prompt.

Create initial balances before you can run the reconciliation reports. If you don't, the reconciliation reports won’t display any data.

You usually create initial balances once, but can create them again if you want.

If you create initial balances again, Workday deletes all previously created beginning operational cash balances. Note that ledger beginning balances you create using the

Roll Forward Year-End Balance

task aren’t deleted.

Access the

Generate Cash to Bank Reconciliation Initial Balances

task.

Select a

Run Frequency

As you complete the task, consider:

Option	Description
Company	Select a company or company hierarchy.
Period	Can be open or closed. Workday creates initial operational cash balances for the period you select.

Confirm that the process completes.

Access the

Cash to Bank Reconciliation Initial Balances Composite

report to confirm and review the initial balances.

(Optional)

To edit initial balances, access the

Find Cash to Bank Reconciliation Activity Initial Balances

report. From the related actions of the Reconciliation Activity, select

Cash to Bank Reconciliation Initial Balance

Edit.

To delete initial balances, access the

Find Cash to Bank Reconciliation Activity Initial Balances

report. From the related actions of the Reconciliation Activity, select

Cash to Bank Reconciliation Initial Balance

Delete.

Workday only deletes the specific initial balance. To recreate initial balances, you must rerun the

Generate Cash to Bank Reconciliation Initial Balances

task. The task recreates all previously created initial balances and regardless of the period you select, deletes all initial and beginning balances.

Workday:

Retrieves all posted journals for cash operational transactions from the inception of your financial activity to create an initial balance.

Retrieves journals for all cash operational transactions that you post after the date of the initial balance and creates reconciliation activity for them.