Cost of Sales Worktag Changes and Validations on Expenditure Treatment (ET101)

As of Friday, December 6, Workday validations will be placed in various spend business processes to ensure the cost of sales expenditure treatment worktag can only be utilized by approved university earnings operations (Funds FD120, FD121, FD122 and FD200). In addition, users will no longer be able to add ET101 to costing allocations, one-time payments, or period activity pay. 

As a reminder, use of the ET101 expenditure treatment drives the transaction accounting to the cost of sales ledger account (61020).

ET101 plus the appropriate earnings fund value and an eligible spend category value should be used to designate cost of sales. Eligible spend categories are those included in the services, supplies, or fuel and fuel additives hierarchies. Manual journals should use the cost of sales ledger account 61020 and an eligible spend category. Please refer to the university earnings operation policy for additional guidance and the full definition of cost of sales.