Matrix Reports are highly customizable financial statements.
General Ledger (GL) accounts, statistical accounts, and modeled accounts.
Ensure the integration with your HR and ERP systems is reliable to trust your reports.
Let’s translate 80% of your Excel usage into Adaptive Planning syntax. f to workday adaptive planning tutorial
Go to . Separate your accounts into clear categories: Gl Accounts: Income statement and balance sheet items.
Adaptive Planning is modular, meaning you can focus on specific business areas: Automates budgeting and forecasting.
Before building, learn the building blocks. If Excel uses cells and sheets, Adaptive uses these concepts: Matrix Reports are highly customizable financial statements
A specialized modeled sheet for managing workforce costs. It tracks headcounts, salary tiers, hire dates, termination dates, and benefit allocations at the individual employee level. Step 2: Utilizing Data Entry Shortcuts
Phase 2: Loading Data into Adaptive Planning (The Import Process)
Modeled sheets are designed for driver-based calculations. They decouple inputs from your main GL accounts, allowing you to use operational variables to calculate financial outcomes. For example, a modeled sheet might calculate total revenue by multiplying "Units Sold" (operational account) by "Price per Unit" (operational account). Cube Sheets Let’s translate 80% of your Excel usage into
When you open the formula editor (double-click a rule, or use Ctrl+E ), you will notice :
If you need to apply a specific tax rate only to operations based in the United Kingdom:
Workday Adaptive Planning's is key for aligning headcount and talent strategies with business goals. It enables HR and finance to collaborate on a single, live data source, modeling complex "what-if" scenarios like a hiring freeze or rapid expansion to see real-time impacts on departmental costs.
Any user can run a report without waiting for IT.
: A high-speed division function designed to handle large datasets more efficiently than the standard Best Practice : Build initial models with standard for testing; once validated, switch to to optimize performance. Tutorial: Setting Up a Base Model