If you are switching to our payroll application during a tax year from another package or manual system, you should add your exisiting company's opening balances so they're included in your year-to-date totals.
Option 1 I wish to enter Opening Balance Click Here
This includes statutory payments made to employees, payments recovered, CIS deductions suffered in the current tax year from HMRC, and any Employment Allowance balance.
Option 2 I will fill it up later Click Here
You should ideally do this prior to processing the fisrt payrun on our system. You can complete it later by clicking on Chart of Setup > Opening Balance.
Option 3 I will Process the Pay Run from beginning of the Tax year Click Here
You can skip this option if you are going to process the Pay Run from the beginning of the Tax year.