Starting balance — Employee — Edit

This form allows you to set up starting balances for employees. The form includes the following fields:

Employee

Select the employee that you have created under Employees.

Starting Balance Type

Choose whether the starting balance represents a debit or credit amount. Typically:

• Debit: Select this if the employee has been paid in advance.
• Credit: Select this if the employee is still owed money.

Starting Balance Amount

Enter the starting balance amount.