Payroll

Key Concepts

• Payroll Commitment Accounting – This budget management process enables Payroll Accountants to project fiscal-year compensation and fringe benefits for positions accurately. 
• Payslips – The payslips feature enables workers to generate hard copy or printable PDF payslips that can be viewed in Workday. They are available immediately at the time payments are made.

Tasks

• Add Payment Elections – Employees can use this task to add banking information when they are requesting electronic payment via a Workday Fund account. 
• Run Pay Calculation – Payroll Partners who sit centrally within Payroll Services can use this task to manually run a pay calculation. Typically, this runs on an automated schedule.
• Run Pay Complete – Payroll Partners who sit centrally within Payroll Services can use this task to manually complete a payroll calculation at the close of a pay period. Typically, this runs on an automated schedule. 
• Run Retro Pay Calculation – Payroll Partners who sit centrally within Payroll Services can use this task to manually run a retro pay calculation. Typically, this runs on an automated schedule.
• Run Retro Pay Complete – Payroll Partners who sit centrally within Payroll Services can use this task to manually complete a retro payroll calculation. Typically, this runs on an automated schedule. 
• Create Initial Payroll Commitments – Payroll Accountants can use this task to create an initial payroll commitment in Workday in preparation for the following year’s processes. 

Reports

• Pay Calculation Results - Earning Register – This report for Payroll Partners returns all workers with selected earnings in one or more periods and pay run groups or pay groups. 
• Pay Calculation Results - Deduction Register – This report for Payroll Partners returns all workers with selected deductions in one or more periods and pay run groups or pay groups.
• Pay Calculation Results Summary – This report for Payroll Partners returns the sum of gross pay, net pay and tax/deduction balances over one or more pay periods for a pay run group and/or pay group together with the pay group/period and calculation status.
• Payroll Register Summary – This report for Payroll Partners  returns payroll results with totals of pay components groups based on country, period, pay group, and pay cycle type.
• Payroll Register with Subtotals - This report for Payroll Partners returns payroll result subtotal and total amounts for selected pay component groups within selected periods using the Payroll Results data source.