Skip to main content
English (Australia) English (Canada) English (United Kingdom) English (Malaysia) English (New Zealand)

Employee CPF and Tax opening balances

Updated

Available for the following Payroll plans: Standard, Premium

When you move from another payroll provider to Employment Hero's payroll platform, you may have employees who have already paid their CPF and Taxes for the year. The Opening Balances CPF and Tax Opening Balances feature allows you to select an employee's file and enter their accrued YTD CPF and Tax amounts. You can also use this feature to clear the opening balances if you entered the wrong YTD figures into their employee file.

Getting started

Add opening CPF and Tax balances
  1. Click the Employee menu.
  2. Click the List submenu.
  3. Click on the employee who needs CPF and Tax amounts added.
  4. Click the Opening Balances button.
  5. Click the CPF and Tax tab.
  6. Enter the required CPF and Tax figures.
  7. Click the Save button.
    CPF__SG__1.jpg

Daily activities

Clear opening CPF and Tax balances
  1. Click the Employee menu.
  2. Click the List submenu.
  3. Click on the employee who needs CPF and Tax amounts cleared.
  4. Click the Opening Balances button.
  5. Click the CPF and Tax tab.
  6. Click the Clear button.
  7. Click the Save button.
    CPF__SG__2.jpg

Explore related content

  • Manage employee Pay Rates This feature allows you to add additional earning lines to an employee's payroll employee file.
  • Manage payroll locations This feature allows you to add a new location with the ability to specify its name, state, and general ledger code.
Powered by Zendesk