This is a list of terms used by the One Washington program and within Workday. Only Workday terms have subcategories. To find a term, enter it in in the search box, and select 'Apply'.
Term | Glossary | Sub-Category | Definition |
---|---|---|---|
Cloud Connect for Benefits | Workday | Integration | A collection of pre-built integrations to benefit providers across a range of categories, including medical, dental, vision, COBRA, life and AD&D insurance, flexible spending accounts, and retirement savings plans. |
Currency Rate Type | Workday | Financial | Allows you to establish more than one conversion rate for the same currency pair during the same time frame. For example, one rate type can apply to the daily rate used in operational transactions, and then average and historical rate types can be used for financial reporting. The default rate type is used in all operational activity. You can define names for currency rate types; typical names are Period Average, Daily, End of Day Daily, and Historical. |
Micro-edit | Workday | Time Tracking | The ability to edit existing time blocks or add time blocks directly to a day by double-clicking on the time entry calendar. |
Enrollment Event Rule | Workday | Human Capital Management (HCM) | Defines coverage start and end dates, waiting periods, coverage increase limits, Evidence of Insurability requirements, and other coverage rules and conditions. This ensures that the benefits process presents only the options for which each employee is eligible based on the event type. Defined at the benefit group, enrollment event, and benefit type levels. |
Headcount Management Staffing Model | Workday | Human Capital Management (HCM) | One of the three staffing models available to use in your organization. It allows you to create one set of hiring restrictions that applies to all positions in the headcount group. As a result, headcount management does not provide the same level of control over individual positions that you have with position management. This model is particularly useful for organizations that hire large numbers of workers into the same or similar jobs with the same or similar requirements and restrictions. |
Event | Workday | Cross Application | A transaction that occurs within your organization, such as hiring or terminating an employee. |
Reference ID | Workday | Integration | A unique identifier for a specific instance of a business object in Workday. Reference IDs are used to look up data for integration purposes. |
Prenotifications (Prenotes) | Workday | Financial | Optional live or zero-dollar entries that are sent through the Automated Clearing House (ACH) to a financial institution to verify account and related information before sending or receiving actual direct deposits. If the prenote amount is not zero, cash is transferred to the account. |
Time Entry Code | Workday | Time Tracking | A time entry code describes the type of time a worker enters, such as worked time or meal allowance. In order to use time entry codes, you must attach them to time code groups, with the exception of the default time entry code assigned to a time entry template. |
Leave Type | Workday | Human Capital Management (HCM) | Defines rules that apply to a specific type of leave of absence, such as jury duty or FMLA. Identifies the leave of absence family and unit of time for leave requests. It can also identify employee eligibility rules for requesting a leave, validation rules for preventing invalid requests, whether to track entitlement balances, and other options. |
Primary Business Object | Workday | Cross Application | When defining a report, the primary business object is the business object returned by the data source. |
Pay Component | Workday | Payroll | An earning (such as base salary or bonus) or deduction (such as federal withholding taxes or medical) that applies to a worker's gross-to-net pay calculation or tax liability. |
Benefit Event Rules | Workday | Human Capital Management (HCM) | These rules specify coverage increase limits, EOI requirements, waiting periods, and other rules and conditions of enrollment for benefits enrollment events. |
Review Type | Workday | Human Capital Management (HCM) | You define specific types of each Workday-supplied review category. For example, in the Performance Review category, you could define the Annual Review type and the Ad Hoc Performance Review type. When you start a review or define review templates, you choose a review type, not a review category. |
Target | Workday | Cross Application | The object that a business process operates on. For example, for business processes that deal with an employee record, the target is the employee. For business processes that deal with a financial object, such as an accounting journal, the accounting journal is the target. Since the target determines the organization, it controls which business process custom definition Workday uses. |
Reversal | Workday | Payroll | An off-cycle calculation that reverses the results of a completed pay calculation for a worker. |
Compensation Plan | Workday | Human Capital Management (HCM) | A component of pay that you use to assign monetary amounts to a worker's pay. For example, a salary, an allowance, or a bonus. Some compensation plans, for example, a commission, are discretionary. You are not paid from these compensation plans in every paycheck. By contrast, other plans, like a salary plan, are included in every paycheck. |
Business Process Definition | Workday | Cross Application | The set of tasks that need to be completed for an event to occur, the order in which they must be done, and who must do them. Workday includes a number of predefined business processes for different purposes. You can edit the default definitions for your organization. You can also create different versions of the same business process for different organizations. |
Enterprise Interface | Workday | Integration | The process of exporting data out of Workday to an external system or importing data into Workday from an external system. An Enterprise Interface consists of an integration system, an integration data source, an integration transformation, and an integration transport protocol. |
Current Asset | Workday | Financial | An asset on the balance sheet that is expected to be sold or otherwise used up in the near future; usually within one year or one business cycle (whichever is longer). Typical current assets include cash, cash equivalents, accounts receivable, inventory, the portion of prepaid accounts that will be used within a year, and short-term investments. On the balance sheet, assets are typically classified into current assets and long-term assets. |
Period Schedule | Workday | Time Tracking | See Time Period Schedule. |
Frequency | Workday | Human Capital Management (HCM) | Used in compensation and payroll to help calculate worker compensation and pay. |
Headcount Plan | Workday | Human Capital Management (HCM) | A headcount plan forecasts the number of workers necessary to achieve business goals in a specified period of time. This is a foundational component of workforce planning. You can create headcount plans with different statistic types, dimensions, and time frames; link to financial budgets; and pre-populate headcount plan data. Headcount plan reports help you understand whether organizations are hiring to plan, headcount is allocated correctly, and you have the right workforce to support your goals. |
Field (reporting) | Workday | Cross Application | In a Report Writer report, a field contains data related to a particular primary or related business object. |
System User | Workday | Integration | An account associated with and required to launch an integration. Workday's delivered integrations and custom integrations require a system user account for authentication and web service calls. EIB integrations are secured through the user’s login credentials and do not require a system user account. |
Public Requisition Template | Workday | Financial | These templates are specific to a company and can be used by all authorized workers. Only buyers and service coordinators can create or edit public templates. To provision new workers automatically, a template must be public. |
Time Entry Validation | Workday | Time Tracking | Errors or warnings that prevent users from entering invalid time. Critical validations prevent a user from submitting time. Warnings appear on the time entry calendar but don't prevent the user from submitting time. |
Life Event | Workday | Human Capital Management (HCM) | A kind of benefit event that occurs in the employee's personal life, for example, getting married or having a child. |
Predefined security Group | Workday | Cross Application | Workers are assigned to the predefined security groups through a business process. These groups cannot be changed except by reversing the business process or executing a new business process, such as applying for a position, or being hired. Examples include: Employee, Contingent Worker, and Applicant. |
Pay Component Group | Workday | Payroll | A collection or combination of related earnings, deductions, or pay component related calculations that are combined to simplify payroll calculations. Workday provides several pay component groups, such as Employer-Paid Benefits, Pre-Tax Deductions, and Federal Taxable Wages which you can modify, and you can create your own tenanted pay component groups, such as 401(k) Eligible Wages. |