What accounts are defined as holding specific formulas for particular account versions?

Override Account Formulas are designed to hold specific formulas for particular account versions within Workday Adaptive Planning. This functionality allows users to customize calculations for different scenarios or reporting periods by defining unique formulas for the same account across various versions.

The use of override account formulas is particularly valuable in instances where the standard formula applied to an account may not suffice for specific versions due to variance in assumptions, data inputs, or forecasting models. This flexibility enables enhanced accuracy and tailored financial analysis, fitting the unique demands of each version.

In contrast, the other options do not serve this specific purpose. Contra accounts are typically used to offset another account; system accounts are predefined accounts used within the system for standard calculations; and rollup accounts summarize data from other accounts but do not inherently hold specific formulas tied to different account versions. This distinction underscores the role of override account formulas in facilitating unique financial modeling configurations.