Workday Payroll Online Training

Introduction

Workday Payroll  Training

IQ Tech Training is a trusted and preferred online training partner for corporate and professionals. A premier training provider, IQ Tech imparts training across the globe in different IT specializations. IQ Tech is known for its state-of-the-art training facility, and a distinguished faculty. IQ Tech’s strength lies in delivering industry expected training with hands-on experience in handling real business challenges.

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Workday is a complete enterprise product suite that takes care of all enterprise needs and functions. Workday Payroll is one of the industry’s best payroll systems that deliver to every organization’s unique requirement. Workday Payroll is preferred by organizations as it is endowed with a robust calculation engine that is highly configurable and secure.

The Workday Payroll online training course at IQ Tech training facility is a contemporary course that is delivered online through instructor-led live sessions and focuses on theory as well as practical. The course gives a broad overview of payroll systems and also the best practices to use Workday Payroll.

Have a quick glance at the course summary below for more details.

COURSE SUMMARY

Course Name Workday Payroll Online Training
Contents Introduction to the Workday Payroll system
Duration 60 Hours with Flexible timings
Delivery Instructor Led-Live Online Training
Eligibility Knowledge of Payroll systems
Ideal For Professional seeking to make a career in ERP specialization
Live Online Training  Live Interactive Training by Certified & Industry Expert Trainers by Providing On-Demand Server and Lab access.
Availability Regular/Weekend Batches. 24×7 teaching assistance and support.

Course Objectives

Skills you’ll learn in Workday Payroll Training Course :

  • Introduces you to the basics of payroll systems in general
  • Gives an overview of how to deploy and configure Workday payroll systems
  • Explains how to configure workday payroll on-cloud
  • Covers in details on how to configure users, groups within the organization
  • Focuses on working with Validation and its different rules
  • Covers in detail the topic of reporting with a focus on standard and custom reports
  • Keeps you updated with the latest happenings in Workday Payroll

CORE BENEFITS OF LEARNING WORKDAY PAYROLL

Workday payroll is an advanced payroll system that uses a modern calculation engine to handle complicated and specific requirements of organizations. Workday payroll comes with prebuilt reporting tools that provide very useful and intelligent insight to organizations. It is also available on the cloud and is flexible, scalable and secure that makes it a very lucrative for organizations to use it. A good-to-learn tool for professionals in the enterprise solutions field.

Course Curriculum

Download Course Curriculum

WORKDAY PAYROLL FUNDAMENTALS & CONFIGURATION GUIDE

  • Basics of Workday Payroll
  • Guide to Configure Tenant
  • Overview of Payroll Processing Framework and Setup Guide
  • Basics of Period Schedule structure
  • Details of Run categories
  • Payment election rules importance and Defining procedure
  • Basics of Pay Groups and setup guide

EARNING & DEDUCTION DETAILS CONFIGURATION IN WORKDAY PAYROLL

  • Overview of Categories: Earnings & Deductions
  • Prerequisite to define Earnings & Deductions
  • Concept of Bonus Earning & Defining
  • Overview of Paycomp Groups & Define with Security & other Criteria
  • Explore Details to Calculation Mechanism
  • Configure Compensation Elements, Various Benefit Plans
  • Define Time Earnings, Concept of Costing, Costing Limits, ROE Canada costing

TAXATION CONFIGURATION IN WORKDAY PAYROLL

  • Fundamentals of Taxation Setup
  • Overview of payroll taxes & Setup guide
  • Basics of Company configuration setup
  • Details of Federal, State, Local Taxes & Setup details
  • Understand & define Tax Authority Exception
  • Overview of Worker Tax elections & Setup Guide
  • Overview of Multiple Work tax jurisdictions

WITHHOLDING ORDER CONFIGURATION IN WORKDAY PAYROLL

  • Conceptual of Withholding orders
  • Basics of disposable income attached to a Withholding order
  • Define deduction recipient
  • Withholding Order Recording Procedure with details
  • Details of support order & Editing Procedure
  • Support order Modification and Ending
  • Withholding order Processing with Priority details

WORKDAY PAYROLL ACCOUNTING CONFIGURATION

  • Conceptual of Payroll Accounting
  • Overview of Suspense Accounts
  • Accounting Results Generating Procedure
  • Execute Payroll Accounting & Review Results

WORKDAY PAYROLL ACCOUNTING CONFIGURATION

  • Banking & Settlement Details and Configuration Guide
  • Banking & Settlement Configuration Requirements
  • Payment election rules Overview and Defining Technique
  • Payslip & Check Print Layout Configuration
  • Setup & Define Bank account & Routing Rules
  • Pre Note Run Setup & Configuration for Settlement

CONFIGURE ROLE BASED SECURITY IN WORKDAY PAYROLL

  • Roles based Security Grouping and Configuration Guide
  • Configuration guide for Pay component Based Security

BUSINESS PROCESS DEFINITION IN WORKDAY PAYROLL

  • Basics of Business Processes & Definition Technique
  • Business Processes linked to Payroll

PREPARE PAYROLL INPUT PROCESSING IN WORKDAY PAYROLL

  • Basics of payroll inputs and Processing Technique
  • Implement override & Special Entry
  • Configure Loans Account & Payment Schedules

PAYROLL PROCESSING IN WORKDAY PAYROLL

  • Execute Payroll Cycle
  • Overview of off-cycle Manual Payment & Processing Technique
  • Overview of off-cycle Reversal & Processing Technique
  • Concept of off-cycle on Demand Payment Processing

WORKDAY PAYROLL PROCESSING CONFIGURATION GUIDE

  • Understand Pre-printed check vs. Blank check Stock
  • Understand Formatted MICR field Vs. Default MICR line
  • Fraction and last check number used
  • Configure Addresses, Countries, Signatures & Logos
  • Understand PDF scaling
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