name: Workday Finance Vocabulary
description: Vocabulary and taxonomy for Workday Finance APIs covering financial management, procurement, expense management, and the procure-to-pay lifecycle.
url: https://raw.githubusercontent.com/api-evangelist/workday-finance/main/vocabulary/workday-finance-vocabulary.yml
created: '2026-05-03'
modified: '2026-05-03'

domains:
  - name: General Ledger
    description: Core financial accounting concepts
    terms:
      - name: Account
        description: A general ledger account used to record financial transactions
        synonyms: [GL Account, General Ledger Account, Chart of Accounts Entry]
        values: [asset, liability, equity, revenue, expense]
      - name: Journal Entry
        description: A record of a financial transaction in the general ledger using debit and credit lines
        synonyms: [GL Entry, Accounting Entry, Ledger Entry]
        related: [Account, JournalEntryLine, Period]
      - name: Worktag
        description: A financial dimension used to tag transactions for reporting and analysis
        synonyms: [Financial Dimension, Cost Segment, Accounting Dimension]
        related: [JournalEntry, CostCenter]
      - name: Financial Period
        description: A defined time interval (month, quarter, year) for financial reporting and close
        synonyms: [Accounting Period, Fiscal Period, Period]
        related: [JournalEntry, FiscalYear]
      - name: Cost Center
        description: An organizational unit used for financial tracking and cost allocation
        synonyms: [Cost Unit, Department, Profit Center]
        related: [Worktag, Account]

  - name: Procurement
    description: Procure-to-pay process concepts
    terms:
      - name: Supplier
        description: An external vendor or service provider from whom goods or services are purchased
        synonyms: [Vendor, Creditor, Payee]
        related: [PurchaseOrder, SupplierInvoice]
      - name: Purchase Order
        description: A formal document authorizing a purchase from a supplier
        synonyms: [PO, Procurement Order]
        related: [Supplier, Requisition, SupplierInvoice]
      - name: Supplier Invoice
        description: A bill from a supplier requesting payment for goods or services delivered
        synonyms: [Invoice, AP Invoice, Vendor Invoice]
        related: [Supplier, PurchaseOrder, Payment]
      - name: Requisition
        description: An internal request to purchase goods or services, subject to approval before becoming a PO
        synonyms: [Purchase Requisition, PR, Procurement Request]
        related: [PurchaseOrder]

  - name: Expense Management
    description: Employee expense and reimbursement concepts
    terms:
      - name: Expense Report
        description: A document submitted by an employee listing business expenses for reimbursement
        synonyms: [Expense Claim, T&E Report]
      - name: Expense Line
        description: A single expense item within an expense report
        synonyms: [Expense Item]
        related: [ExpenseReport]

  - name: Financial Reporting
    description: Reporting and analytics concepts
    terms:
      - name: Financial Report
        description: A structured summary of financial data for a period or entity
        synonyms: [Finance Report, Accounting Report]
      - name: Budget
        description: A financial plan defining expected revenues and expenditures for a period
        synonyms: [Spending Plan, Financial Plan]
        related: [CostCenter, Account]
      - name: Fiscal Year
        description: A 12-month accounting period used for annual financial reporting
        synonyms: [FY, Financial Year, Annual Period]
        related: [FinancialPeriod]

  - name: Cash Management
    description: Treasury and cash management concepts
    terms:
      - name: Cash Position
        description: The amount of liquid assets available at a given time
        synonyms: [Liquidity, Cash Balance]
      - name: Bank Account
        description: A financial account held at a banking institution
        related: [Settlement, Payment]
      - name: Settlement
        description: The final transfer of funds to complete a financial transaction
        synonyms: [Payment Settlement, Disbursement]
        related: [SupplierInvoice, BankAccount]

tags:
  - Accounting
  - Banking
  - Cloud
  - Enterprise
  - ERP
  - Finance
  - Financial Management
  - Procurement
  - Workday