The Workday FY26 final close is now complete as of July 27, 2026. This marks the successful conclusion of the second year-end close cycle performed within the Workday system. This effort required significant coordination between central and departmental campus units.
The FY26 close proceeded through three distinct phases to ensure financial accuracy and reporting compliance.
Process Improvements and Operational Updates
This year introduced a new central receipt accrual process for goods and services tied to purchase orders. For items received by June 25, 2026, the university processed accruals centrally, eliminating the need for campus units to create individual journal entries for these transactions.
Additionally, the schedule for hourly payroll accruals (covering the period of 6/14–6/27) was adjusted and posted on July 15, 2026. To accommodate this, the deadline for departmental adjusting journals was extended to July 17 to ensure these impacts were reflected in the second close.