Cloud Payroll - Payroll : What is the difference between Previous Employment Entry and Year To Date Payroll Transaction?
Question : What is the difference between Previous Employment Entry and Year To Date Payroll Transaction?
Answer :
> Previous Employment Entry is to keep past payroll records (with other employers within the same year) for a newly joined employee.
> E.g : Employee A joined this company on 1st June 2020.
> Previous Employment Entry need to be filled in with payroll record for Employee A from January to May 2020 if she/he was employed.
> These records are important and compulsory to produce accurate calculation of PCB for subsequent payroll in current year.
> Year To Date Payroll Transaction is to keep payroll records of the past months in the same year.
> E.g. A company has just started to use AutoCount Payroll (or switched from other software) on 1st June 2020, payroll for the past 5 months (January – May) were processed using other software or manually.
> You must import all the payroll records from January to May using Year To Date Payroll Transaction excel import function.
> These records are important and compulsory to produce accurate calculation of PCB for subsequent payroll in current year.
Prepared by Aisyah 201113, Azirah 201116, P201123
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AutoCount Accounting 2.0 & 2.1
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AutoCount Accounting 1.8 / 1.9
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AutoCount Payroll
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AutoCount POS
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AutoCount On The Go
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AutoCount Accounting Plug-In Documentations
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