Use Case: Procure to Pay Period Close
Audience
Financial professionals in these roles who are responsible for carrying out each step of the procure to pay process during a period close:
- Accountant
- Accounting Manager
- Accounting Operations Lead
- Accounts Payable Data Entry Specialist
- Bank Reconciliation Specialist
- Buyer
- Cash Operations Lead
- Settlement Specialist
- Sourcing Manager
Your organization might use different names for these roles.
Overview
Procure to Pay Period Close is a process for requisitioning, purchasing, receiving, paying for, and accounting for goods and services during period close. This use case provides an example of the process flow and the areas in Workday where you carry out each step. Your process might consist of different tasks or workflows.
Impacted Product Areas
- Accounting and Finance
- Accounts Payable
- Asset Management
- Cash Management
- Close and Consolidate
- Procurement
- Supplier Accounts
Workday Documentation Resources
For detailed information, see Process: Procure to Pay Period Close.
For more information about Procure to Pay Period Close, see: