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MyFD Retirement

When is the last day I can make accounting entries in MyFD?

Month 1 (Fiscal Year 2024): All transactions for Fiscal Year 2024 will be entered in Workday even if they affect historical periods.

Month 25 (Fiscal Year 2023): The last day to enter transactions for Fiscal Year 2023 depends on your access in MyFD and what you need to do. For general guidance, refer to the Biennium Close page. The exception is the Reconciliation feature for historical data (Fiscal Year 2023 and earlier), which will be available for a period (likely 9-12 months) after Biennium Close, however, the exact length of time is still to be determined.

How long will I be able to reconcile transactions in MyFD?

The Reconciliation feature for historical data (Fiscal Year 2023 and earlier) will be available for a period (likely 9-12 months) after Biennium Close; the exact length of time is still to be determined.

How will I know which reports to use in the future state of UWFT?

This will depend on whether you are accessing historical data (Fiscal Year 2023 and earlier) or future state data (Fiscal Year 2024 and later).

Historical Data: Reporting in MyFD will remain available for a period (likely 9-12 months) after Biennium Close; the exact length of time is still to be determined. During this time, current users will be able to access historical data in the same way they always have. Once MyFD shuts down completely, this data will be accessible via the BI Portal, where a subset of MyFD reports is already available).

Future State Data: The preferred method for accessing this data will be via Workday reports. A Financial Desktop dashboard is under development to guide users from MyFD reports to comparable resources in Workday. This dashboard will be available within Workday.

Additional resources are under development to help current MyFD users transition to the future state. Please follow the System Crosswalk - Current to Future State page in the UWFT Change Network, which will be updated as more resources become available.

Will I be able to use MyFD Queries in the future state of UWFT?

You will still be able to use queries in the future state; however, how you query the data depends on whether you are accessing historical data (Fiscal Year 2023 and earlier) or future state data (Fiscal Year 2024 and later).

Historical Data: Queries in MyFD will remain available for a period (likely 9-12 months) after Biennium Close but the exact length of time is still to be determined. During this time, current users will be able to query historical data via the MyFD Query Tool in the same way they always have. Once MyFD shuts down completely, this data will be accessible via the BI Portal, where a subset of MyFD reports is already available.

Future State Data: The preferred method for accessing this data will be via Workday reports. A Financial Desktop dashboard is under development to guide users from MyFD reports to comparable resources in Workday. This dashboard will be available within Workday.

If you are unable to access the data you need via Workday reports, you can query future state data via two new Enterprise Data Warehouse (EDW) databases: UWODS and WDFinDataMart. For a high-level introduction to how the EDW is adapting to Finance Transformation, refer to EDW for Finance Transformation. Another helpful resource, which is under development, is the Finance Transformation - Writing Code using the WDFinDataMart and UWODS wiki. This resource provides sample queries for common finance-related questions in the new EDW databases.

How will I access historical data after UWFT Go Live?

Reports and queries will remain available in MyFD for a period (likely 9-12 months) after Biennium Close, however, the exact length of time is still to be determined. During this time, users will be able to run queries and reports the same way they do today to access historical data (Fiscal Year 2023 and earlier)

Once MyFD shuts down completely, this data will be accessible via the BI Portal, where a subset of MyFD reports is already available.

Where can I learn more about the future state solutions?

Resources are under development to help current MyFD users transition to the future state. Please follow the System Crosswalk - Current to Future State page in the UWFT Change Network, which will be updated as more resources become available.

Queries

Will I be able to use MyFD Queries in the future state of UWFT?

You will still be able to use queries in the future state; however, how you query the data depends on whether you are accessing historical data (Fiscal Year 2023 and earlier) or future state data (Fiscal Year 2024 and later).

Historical Data: Queries in MyFD will remain available for a period (likely 9-12 months) after Biennium Close but the exact length of time is still to be determined. During this time, current users will be able to query historical data via the MyFD Query Tool in the same way they always have. Once MyFD shuts down completely, this data will be accessible via the BI Portal, where a subset of MyFD reports is already available.

Future State Data: The preferred method for accessing this data will be via Workday reports. A Financial Desktop dashboard is under development to guide users from MyFD reports to comparable resources in Workday. This dashboard will be available within Workday.

If you are unable to access the data you need via Workday reports, you can query future state data via two new Enterprise Data Warehouse (EDW) databases: UWODS and WDFinDataMart. For a high-level introduction to how the EDW is adapting to Finance Transformation, refer to EDW for Finance Transformation. Another helpful resource, which is under development, is the Finance Transformation - Writing Code using the WDFinDataMart and UWODS wiki. This resource provides sample queries for common finance-related questions in the new EDW databases.

Fiscal Year End / Biennium Reporting

When is the last day I can make accounting entries in MyFD?

Month 1 (Fiscal Year 2024): All transactions for Fiscal Year 2024 will be entered in Workday even if they affect historical periods.

Month 25 (Fiscal Year 2023): The last day to enter transactions for Fiscal Year 2023 depends on your access in MyFD and what you need to do. For general guidance, refer to the Biennium Close page. The exception is the Reconciliation feature for historical data (Fiscal Year 2023 and earlier), which will be available for a period (likely 9-12 months) after Biennium Close, however, the exact length of time is still to be determined.

Reconciliation

How long will I be able to reconcile transactions in MyFD?

The Reconciliation feature for historical data (Fiscal Year 2023 and earlier) will be available for a period (likely 9-12 months) after Biennium Close; the exact length of time is still to be determined.

Reports (Budget Summary)

How will I know which reports to use in the future state of UWFT?

This will depend on whether you are accessing historical data (Fiscal Year 2023 and earlier) or future state data (Fiscal Year 2024 and later).

Historical Data: Reporting in MyFD will remain available for a period (likely 9-12 months) after Biennium Close; the exact length of time is still to be determined. During this time, current users will be able to access historical data in the same way they always have. Once MyFD shuts down completely, this data will be accessible via the BI Portal, where a subset of MyFD reports is already available).

Future State Data: The preferred method for accessing this data will be via Workday reports. A Financial Desktop dashboard is under development to guide users from MyFD reports to comparable resources in Workday. This dashboard will be available within Workday.

Additional resources are under development to help current MyFD users transition to the future state. Please follow the System Crosswalk - Current to Future State page in the UWFT Change Network, which will be updated as more resources become available.

How will I access historical data after UWFT Go Live?

Reports and queries will remain available in MyFD for a period (likely 9-12 months) after Biennium Close, however, the exact length of time is still to be determined. During this time, users will be able to run queries and reports the same way they do today to access historical data (Fiscal Year 2023 and earlier)

Once MyFD shuts down completely, this data will be accessible via the BI Portal, where a subset of MyFD reports is already available.

Reports (Current Encumbrances)

How will I know which reports to use in the future state of UWFT?

This will depend on whether you are accessing historical data (Fiscal Year 2023 and earlier) or future state data (Fiscal Year 2024 and later).

Historical Data: Reporting in MyFD will remain available for a period (likely 9-12 months) after Biennium Close; the exact length of time is still to be determined. During this time, current users will be able to access historical data in the same way they always have. Once MyFD shuts down completely, this data will be accessible via the BI Portal, where a subset of MyFD reports is already available).

Future State Data: The preferred method for accessing this data will be via Workday reports. A Financial Desktop dashboard is under development to guide users from MyFD reports to comparable resources in Workday. This dashboard will be available within Workday.

Additional resources are under development to help current MyFD users transition to the future state. Please follow the System Crosswalk - Current to Future State page in the UWFT Change Network, which will be updated as more resources become available.

How will I access historical data after UWFT Go Live?

Reports and queries will remain available in MyFD for a period (likely 9-12 months) after Biennium Close, however, the exact length of time is still to be determined. During this time, users will be able to run queries and reports the same way they do today to access historical data (Fiscal Year 2023 and earlier)

Once MyFD shuts down completely, this data will be accessible via the BI Portal, where a subset of MyFD reports is already available.

Reports (Transaction Summary)

How will I know which reports to use in the future state of UWFT?

This will depend on whether you are accessing historical data (Fiscal Year 2023 and earlier) or future state data (Fiscal Year 2024 and later).

Historical Data: Reporting in MyFD will remain available for a period (likely 9-12 months) after Biennium Close; the exact length of time is still to be determined. During this time, current users will be able to access historical data in the same way they always have. Once MyFD shuts down completely, this data will be accessible via the BI Portal, where a subset of MyFD reports is already available).

Future State Data: The preferred method for accessing this data will be via Workday reports. A Financial Desktop dashboard is under development to guide users from MyFD reports to comparable resources in Workday. This dashboard will be available within Workday.

Additional resources are under development to help current MyFD users transition to the future state. Please follow the System Crosswalk - Current to Future State page in the UWFT Change Network, which will be updated as more resources become available.

How will I access historical data after UWFT Go Live?

Reports and queries will remain available in MyFD for a period (likely 9-12 months) after Biennium Close, however, the exact length of time is still to be determined. During this time, users will be able to run queries and reports the same way they do today to access historical data (Fiscal Year 2023 and earlier)

Once MyFD shuts down completely, this data will be accessible via the BI Portal, where a subset of MyFD reports is already available.