Available for the following Payroll classic plans: Standard, Premium
Available for the following plans: Employment Plus, Employment Unlimited
When transitioning from another payroll provider to Employment Hero's platform, you may have employees that have existing Year to Date (YTD) earning amounts. The Opening Balances Earnings feature allows you to select an employee file and enter their accrued YTD earning amounts. You can also use this feature to clear the opening balances if you entered the wrong YTD figures into their employee file.
Important
Earnings are the year-to-date gross values for the financial year specified. We will allocate earnings to the employee's primary location (set via the employee's Pay Run defaults page) at the time you enter the data into the platform.
Getting started
The below premise will walk you through how to add your employees opening earning balances.
- Click the Employee menu.
- Click the List submenu.
- Click on the employee who needs earning amounts added.
- Click the Opening Balances button.
- Click the Earnings tab.
- Enter the required earnings figures.
- Click the Save button.
Maintain
The below premise will walk you through how to clear your employees opening earning balances.
- Click the Employee menu.
- Click the List submenu.
- Click on the employee who needs earning amounts cleared.
- Click the Opening Balances button.
- Click the Earnings tab.
- Click the Clear button.
- Click the Save button.
Explore related content
- How do I set up employee opening leave balances? This feature allows you to select an employee's file and enter their accrued Year to Date (YTD) leave balances.
- How do I set up employee opening deduction balances? This feature allows you to select an employee file and enter their existing Year to Date (YTD) deduction amounts.
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