Concept: Supplemental Schedules
Supplemental Schedules are financial data sets that can:
- Provide additional insights into the movements or composition of general ledger account balances.
- Satisfy external reporting requirements.
Using Supplemental Schedules, you can:
- Streamline your collection of periodic supplemental data when reporting across distributed teams, including those entities transacting in accounting systems outside of Workday.
- Drive data integrity and consistency by configuring supplemental schedule templates and sharing across your distributed teams.
- Streamline the aggregation and translation of supplemental data in a common reporting currency based on translation rule sets and currency conversion rates in your tenant.
- Enhance process visibility and monitoring.
- Digitize the approval process and introduce a formal audit trail.
Some types of Supplemental Schedules you can bring into Workday, include:
- Balance sheet roll-forwards, including fixed assets, debt, prepaids, equity, intangibles, and so on.
- Aging Schedules.
- Future commitment schedules for debt and leases.