Workday Finance: Wire Transfers

How will wire transfers be affected?

  • The method for requesting a wire has changed significantly and is no longer a separate form or process, but rather the payment method specifically allowed for that particular payee (or supplier). In addition to not requiring a separate form, the Workday process couples the payment with the supplier (payee) records and does not require a separate journal entry or relieving of encumbrances.  For additional information on how to process wire transfers, please reference the Payment Elections (Direct Deposit) tip sheet.