Create Commodity Codes
Security: Set up the
Set Up: Commodity Codes
domain in the Common Financial Management functional area.Create commodity codes, which you can use to track spend in procurement. Workday determines the spend category at the commodity level. You can create UNSPSC codes with 8 digits without any hierarchy.
- Access theCreate Commodity Codetask.
- As you compete the task, consider:
Option Description Short DescriptionWorkers can use the description you enter to search for commodity codes inItemprompts on procurement documents.Spend CategoryYou can select spend categories that aren't already associated to aCommodity Detailon theMaintain Spend Categoriestask.ParentWorkday automatically creates parent codes based on the commodity code type structure that you maintain.