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Administrator Guide
Last Updated: 2025-09-19
Concept: Current Accounting

Concept: Current Accounting

The
Current Accounting
 tab on pay results enables you to view all of the changes and adjustments that impacted the result, including changes that were entered after you completed a pay period and subsequent adjustments after the original journal lines.
The
Current Accounting
 tab:
  • Displays any transactions that impact the pay result in the future, like retro, payroll accounting adjustments, and payroll accounting reallocation.
  • Includes these journal types:
    • Actuals.
    • Payroll Accounting Adjustments.
    • Retroactive Payroll Actuals.
  • Excludes journal lines with canceled statuses and these journal lines:
    • Intercompany and interworktag.
    • Reversing lines originating from Payroll Accounting Adjustments.
    • Retro actuals for earnings excluded from retro costing.

Payroll Accounting Adjustments (PAA)

For Payroll Accounting Adjustments (PAA), adjustments that include retroactive pay display on the Current Accounting tab for the period where the PAA processed.
Example: You process a PAA in a March 2024 pay result, and that March 2024 pay result includes retro pay from January and February 2024. The PAA lines only display on the March 2024 pay result on the
Current Accounting
 tab.

Retroactive Payroll Actuals

If you've enabled retro costing (using the
Enable Retro Costing
 check box on the
Maintain Payroll Accounting Options
 task), you can view the results of retroactive pay with the original results on the Current Accounting tab after you process payroll.

Source and Target Periods

Workday defines the source and target periods for a gross-to-net retro pay result:
Source Period
The original payroll result period that the gross-to-net retro impacts.
Target Period
The period when the retro is paid or where the payroll result with a gross-to-net retro change exists.
The
Target Period Result
 column displays on the
Current Accounting
 tab when:
  • You enabled retro costing (using the
    Enable Retro Costing
     check box on the
    Maintain Payroll Accounting Options
     task).
  • Retro journal lines exist for the pay result.

Example

You process a retroactive bonus payment for a worker on a monthly pay period for $1,000. The original, or source period, for the bonus was March 2024. You process the retro payment in the current, or target, period of September 2024. You select the
Enable Retroactive Costing
 check box on the
Maintain Payroll Accounting Options
 task.
The retro earning, retro employee deductions, and any retro employer paid deductions display in the
Current Accounting
 tab on the worker's March 2024 pay result. The
Target Period Result
 column displays a link to the pay period in which the retro was processed.
If you didn't select the
Enable Retroactive Costing
 check box on the
Maintain Payroll Accounting Options
 task, the retro earning, retro employee deductions, and any retro employer paid deductions display in the
Current Accounting
 tab on the worker's September 2024 pay result.