Other pages about the topic: Administrative & Accounting Resources

Training related to Workday transition

Statewide Accounting currently offers a variety of free training to state agencies on a range of topics. As a result of the COVID-19 pandemic, we have transitioned many of our courses to eLearning. Many of our existing training classes will become obsolete after the transition to Workday. Therefore, we have only transitioned the highest priority accounting trainings at this time. 

Our focus for training development for fiscal years 2021 and 2022 includes:

State Administrative and Accounting Manual Improvements

The State Administrative and Accounting Manual (SAAM) contains statewide policies and procedures and are the minimum requirements that state agencies must meet. The Office of Financial Management is required by the Budget and Accounting Act (RCW 43.88.160) to establish a Generally Accepted Accounting Principles (GAAP)-based accounting system and procedures, as necessary, to provide for accountability of the state's assets and compliance to its laws and regulations. All agencies of the state of Washington must comply with this manual, unless otherwise exempted by statute.

Foundation Data Model (Chart of Accounts)

The Foundation Data Model (FDM) is a multi-dimensional data structure that serves as the backbone for transaction processing and reporting done within Workday. Its structure maximizes reporting capabilities. The FDM will replace the existing chart of accounts when Phase 1A, Core Financials, goes live in June 2022.

One Washington – accounting resources

The One Washington program was created to modernize and improve aging administrative systems and prepare the state for the transition to Workday, a new Software as a Service (Saas) Enterprise Resource Planning (ERP) system.

All executive branch agencies will be required to use Workday and, to varying degrees, the other two branches of state government and higher education will also be impacted, primarily because they will share data with core enterprise systems.

COVID-19 accounting resources

The resources listed here are intended to assist state agencies in their response to COVID-19.

Leases (GASB 87)

The Governmental Accounting Standards Board (GASB) Statement No. 87, Leases, establishes a single model for lease accounting based on the principle that leases are financings of the right to use an asset. There is no longer an operating vs capital classification. Lessees will recognize a lease liability and an intangible right-to-use asset, and lessors will recognize a lease receivable and a deferred inflow of resources.

Sub-subobject details and workflow

This page contains the most current list of valid sub-subobjects (SSO) and their definitions, decision flowcharts to assist with coding certain subobjects, and a list of subobjects and sub-subobjects that require project type X or Y to capture IT costs. The statewide form to request a new SSO or request a change to an existing SSO is also on this page.

Accounting Training Project

Many business processes will change when the new ERP system is implemented, and it will be more important than ever for staff to have strong knowledge of accounting principles. OFM Statewide Accounting is seeking funding to provide a comprehensive accounting training series to help agency staff prepare for the new ERP system and on-going training for new staff and growth and development.

Federal Grants Community of Practice Project

OFM has established the Federal Grants Community of Practice workgroup and has been holding bi-monthly meetings to discuss federal issues and share best practices. The workgroup’s main objectives are to create a community of resources, develop federal grant training curriculum, and identify and address ongoing grant management needs.

The workgroup currently has representatives from a variety of state agencies who manage federal grant programs of various nature and sizes. Members include fiscal staff, internal auditors and grant program management.