What is the default role used to manage and open periods?

The default role used to manage and open periods in Workday is typically the Accounting Manager. This role is designed to have the necessary permissions and capabilities related to financial operations, including managing the financial close process, overseeing period definitions, and ensuring that the appropriate adjustments and entries are made within the financial periods.

The Accounting Manager has broader access compared to roles such as Controller, Accountant, or Finance Administrator regarding period management. While these other roles may interact with financial data and have some level of oversight, they do not possess the same level of authority or the designated functions specifically related to managing and opening periods as the Accounting Manager does. This distinction emphasizes the importance of having an individual in the Accounting Manager role with the requisite expertise and responsibility to handle these critical financial operations.