An accountant posts a temporary month-end accrual on June 30 and wants Workday to create the offsetting entry automatically on July 1. What should…

To automate the reversal of temporary month-end accruals, Workday allows users to specify a Reversal Date and a Reversal Option (e.g., "Reverse at Beginning of Next Period" or a specific custom date) directly on the manual journal header during creation. Upon posting the original entry, Workday automatically generates the offsetting reversal journal on the specified date, eliminating the need for manual intervention.

A. A journal sequence controls the numbering of journals, not the creation of offsetting reversal entries.

C. Custom validations enforce data entry rules and prevent errors during submission; they do not generate accounting entries.

D. Book codes are used to segregate ledger entries for different reporting purposes (e.g., Corporate vs. Local), not for reversing journals.

1. Workday Administrator Guide - Financial Management. Section: "Journal Entries" and "Create Manual Journal and Reversal Options".

2. Workday Community Documentation: Record to Report - Managing Accruals and Reversals.