What does the “Audit Trail” feature provide in Workday Financials?

The "Audit Trail" feature in Workday Financials provides a comprehensive record of all changes made to financial transactions. This functionality is crucial for maintaining transparency and traceability within financial processes. It allows organizations to track the history of transactions, including who made the changes, what was modified, when the changes occurred, and the original values before the updates. This level of detail supports compliance requirements, enhances financial oversight, and enables users to conduct audits more efficiently.

The other options do not accurately describe what the Audit Trail feature delivers. Historical performance data analytics pertains to analyzing trends over time rather than tracking specific transaction changes. Real-time financial forecasting focuses on predicting future financial outcomes based on current and historical data, which is unrelated to auditing past transactions. Generating transactions is a fundamental process in financial systems but does not relate to documenting modifications or changes to existing records in the context of an audit trail.