Financial Management workbench The Financial Management workbench provides financial administrators with a graphical interface to allocate expenses. Access the workbench through the Financial Modeling > Workbench module. When you use the workbench to allocate expenses, you pass through the following stages: Figure 1. Workbench stages Note: The data cleansing stage will not be available in the Workbench stages if you do not select a data source in the Financial Model form, as there is no financial data source to pull the expense lines from. In this case, you can enter the groomed lines directly in the sub-buckets. The Workbench tab Data Definition: Select a fiscal period and cost model to work with. See The Data Definition stage. Chart of Accounts: Edit the segments in the IT chart of accounts and modify the account hierarchy. See The Chart of Accounts stage. Data Cleansing: Remove unnecessary financial expenses and put similar expenses in the same segment. This cleansing stage gives you the opportunity to tidy up expenses in the general ledger. See The Data Cleansing stage. Bucketing: Group related expenses into customizable buckets. See The Bucketing stage. Allocation Setup: Assign the buckets to accounts and segments that comprise the IT chart of accounts, and create rules that govern how segments relate to each other. See Allocation Setup stage. Review: Review the expense assignments you made, and then run the allocation engine to allocate expenses. See The Allocation Review stage. The Cost Models tab All cost models in the application. You can create a basic cost model from this tab and open, modify, or delete existing cost models. See The Cost Models tab. The Configuration tab General configuration settings, such as currency, the fiscal calendar, the main Financial Management report, and advanced actions that allow you to delete financial data. See The Configuration tab. Browser requirements If you are using Internet Explorer, use version 11 or later to use the workbench. You can also use any of the other generally supported web browsers. The Data Definition stageThe Data Definition stage provides you with settings to set up the application, before you start to allocate expenses. The Chart of Accounts stageThe Chart of Accounts stage provides you with options to modify the segment definition and hierarchy of segments.The Data Cleansing stageThe Data Cleansing stage allows you to clean up the expenses that you imported into the application. The Bucketing stageThe Bucketing stage allows you to assign expenses to groups called buckets.Allocation Setup stageThe Allocate Setup stage allows you to assign expenses to accounts and segments.The Allocation Review stageThe Allocation Review stage allows you to review the allocation setup before you process the allocations.The Segment Definition tabThe Segment Definition tab lets you add segments to the chart of accounts and manage existing segments.The Cost Models tabThe Cost Models tab lets you create a basic cost model, view all existing cost models, and delete unnecessary cost models.The Configuration tabThe Configuration tab provides you with additional settings.Allocation logs troubleshooting tipsThe error type and the possible causes and resolution tips help you to troubleshoot the errors easily.