Financial Systems and General Accounting
Please visit the Workday at Bryn Mawr site for Workday User Guides and review the Financial Systems section.
Workday uses a series of worktags to record financial transactions. All worktags are searchable using natural language.
Cost Center is a key worktag that corresponds to legacy departments. See this list for a translation of old department codes to Workday values.
Legacy Financial Edge projects were transformed into Workday worktags: Activity, Gift, Grant, Project, and RollForward. Use this guide to find the correct Workday tag.
In Workday, expense accounts used for purchasing, invoice payment, credit card expenses are identified by Spend Categories and Expense Items:
Workday Spend Categories and Expense Items
General accounting encompasses activities that pertain to the processing, review and oversight of all transactions recorded in Financial Edge, the financial reporting system used by the College. Information flows to Financial Edge from the Financial Aid Office, Student Accounts, the Development Office, the College credit card system, Accounts Payable, Payroll, cashiering, and journal entries.
Grant accounting entails post-award financial activities related to federal, state, and private agency grants.