Cost categories (salaries, fringe, supplies, etc.) that support sponsor budget and expenditure reporting.
Workday’s term for encumbrance. *see encumbrance
Off the Shelf
Similar to "out of the box", refers to ready-made, commercial softwares available to the general public.
A payroll processed outside of the regularly scheduled payroll. For example: refunds, replacement checks, etc.
A regularly scheduled payroll.
Supplier and customer invoices that have an amount owing or due. For expense reports, a line item to be paid or reconciled.
The process of engagement, communication and learning & development to explain the effects of an upcoming change to everyone impacted within an organization.
Transaction specific Worktags which vary based on transaction type. Include Spend Category, Revenue Category, Expense Item, Balancing Unit, Location, Program, and Assignee.
Out of the Box
Out of the box is the commonly used phrase to describe software that will not or cannot be customized, particularly in ERP.