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Unanticipiated Receipt - WAAM -

Money received from a nonstate source or the federal government that was not anticipated in the Legislature's approved budget​ and can only be used for the purpose specified by the grantor​.

Budget Amendments - WAAM -

The process of moving available funds between FDM dimensions to an original approved budget plan to better reflect spending plans. Some budget amendments are internal budget amendments and do not require OFM approval. Other budget amendments are considered official, an entry type of ‘Allotments’ in Workday, and must be approved by OFM.  

Allotments​ - WAAM -

A detailed plan of expenditures authorized in the budget, the assumed revenue estimates, and the related full-time equivalent (FTE) or staff months estimates required by law.

Control Budget - WAAM -

The financial plan that sets spending limits and revenue targets to monitor and regulate an organization's financial performance, ensuring efficient resource use and cost control. It is comprised of the appropriations, funds, and other authorizations that allow agencies to expend funds.

Related Worktags - WAAM -

Worktags that are associated with one another in a one-to-one or one-to-many correlation in Workday to ensure valid combinations of worktags are used.

Attributes - WAAM -

Additional properties or characteristics assigned to worktags that help further categorize or provide more information about the worktag that doesn’t fit into a hierarchy. 

Foundation Data Model (FDM) - WAAM -

The Foundation Data Model (FDM) in Workday is the state’s chart of accounts.  The Chart of Accounts is a financial organizational tool that provides a complete listing of every code in an accounting system. It is a structured list of all of the codes used to categorize financial transactions and create financial reports. 

Treasury fund/accounts - WAAM -

Accounts that have cash on deposit in and under the control of the State Treasurer and are disbursed by means of a warrant or electronic means. Treasury accounts are subject to appropriation unless specifically exempted.

Gift card - WAAM -

Gift cards are typically single-use cards, loaded with a specific amount of money for purchases from a particular store or brand.  These cards are not linked to a bank account.  You can't spend more money than has been loaded onto the gift card.  Gift cards can be disposable or reloadable, but are most often disposable.  Gift cards have a limited usage compared to prepaid cards.

Payroll cards - WAAM -

A prepaid, reloadable card issued by an employer to an employee to pay their employee's wages or salary electronically.

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