Horizon/skyline from UW Seattle Campus

Accounting Services

When a transaction needs to be adjusted, AST will create the accounting adjustment or journal entry on behalf of the requesting unit. Most adjustments involve: FDM Worktags, amount, or budget date (grant only). Supported units request this process using the 'Correcting Entries' form. 

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Resources

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Correcting Entries Form Checklist

To submit a correct an existing transaction, ensure the following information is ready: 

  • Identify the Workday transaction number 
  • Identify the date of the existing transaction
  • Identify what part of the transaction which needs to be adjusted (dollar amount, FDM worktags, company, etc.) 
  • Gather supporting documentation which can be attached to the adjustment request 

Note: Transactions dated July 1, 2023, or later that are related to salary or benefits are corrected through Payroll Accounting Adjustments. These are handled by either your unit’s Payroll Accounting Adjustment specialist or by AST if our team supports your payroll. All other transactions with any effective date AND any salary and benefit transactions dated prior to July 1, 2023, are corrected through Correct Entries, and are handled by AST.

We’ve created a decision tree to illustrate the options for cross-era accounting adjustments:

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Workflows

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Accounting Services Processing Time and Workflow

The turnaround time for correcting a accounting entry is 1-3 business days.

The workflow image below links to a PDF where you can scale to your liking. This workflow is also available in a Word document.

Accounting Services Workflow (PDF)

Frequently Asked Questions

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Need Help?

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Reach out and we will route your questions, comments, and/or ideas to the appropriate subject matter experts on our team and keep an eye out for website updates via AST's Newsletter.

Last Updated: Tuesday, June 25, 2024