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UW Finance Transformation

Week of 6/19 Workday Finance Stabilization Update

Workday & Student Database (SDB) Update

We continue to make significant advancements on the SDB/Workday remediation project. Noteworthy progress includes the identification of reclassification populations for tuition payments, along with preparations to present research on student name disaggregation within financial data. The team is also addressing discrepancies in student financial transactions not captured in the SDB. Furthermore, efforts are focused on standardizing accounting terminology, reconciling ending balances, and ensuring accurate booking of federal and state grants as well as work-study fringe benefits.

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