Finance, Planning & Budgeting has updated guidance to clarify when to use food-related spend categories in Workday. Several food categories have similar names but serve different financial reporting purposes. Selecting the correct spend category helps ensure accurate financial classification, reporting and data quality.
Why It’s Important:
The spend category selected in Workday determines how expenses are classified in financial reporting and may impact reporting requirements and workflows. Using the correct category helps distinguish externally catered events from everyday food purchases and ensures accurate financial analysis.
For complete guidance, including examples, scenarios and additional food-related spend categories, review the updated job aid:
- Food-related Spend Categories in Workday Job Aid in the UW Connect Finance Portal