Available for the following plans: Employment Lite, Employment Plus, Employment Unlimited
Available for the following Payroll plans: Standard, Premium, Core Payroll, Unlimited+Payroll
When transitioning from another payroll provider to the Payroll classic platform, you may have employees that have existing Year to Date (YTD) employer liabilities. It is important to transfer these liability balances over to make sure your employees have the correct financial records.
The Opening Balances Employer Liability feature allows you to select an employee file and enter their existing YTD employer liability amounts. You can also use this feature to clear the opening balances if you entered the wrong YTD figures into their employee file.
You will need to have your employer liability categories setup before you can use this feature. To read further information on how to set up these categories, refer to the following article.
Getting started
- Log in to your payroll platform.
- Click the Employee menu.
- Click the List submenu.
- Click on the employee who needs employer liability figures added.
- Click the Opening Balances button.
- Click the Employer Liabilities tab.
- Enter the required liability figures.
- Click the Save button.
Maintain
- Click the Employee menu.
- Click the List submenu.
- Click on the employee who needs employer liability figures cleared.
- Click the Opening Balances button.
- Click the Employer Liabilities tab.
- Click the Clear button.
- Click the Save button.