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Adding initial employee balances

This article explains how to enter existing leave and financial balances for your employees

J
Written by Jonathan
Updated over 2 months ago

When you move an existing employee to PaySauce, you need to provide their year-to-date (YTD) balances and current leave balances.

⚠️ PaySauce will enter these on your behalf to ensure accurate tracking and reporting going forward.


Why initial balances are required

PaySauce needs starting balances to:

  • Continue accruing leave from the correct starting point

  • Report accurate year-to-date figures to the ATO through Single Touch Payroll

  • Calculate tax correctly based on the employee's earnings so far this financial year

  • Report accurate superannuation entitlements to funds

  • Generate correct payslips showing year-to-date totals

⚠️ Without these balances, the employee's records would start from zero, creating inaccurate reports and potential compliance issues.


What to provide

You'll need to provide two types of balances for each existing employee:

  1. Leave balances: Current leave accrued and available

  2. YTD financial details: Year-to-date earnings, tax, and superannuation figures


How to send the information:

  • Email the information to PaySauce support or your account manager directly

  • Include the employee's name with each set of balances

  • Attach any source documents (STP files, payslips, etc.) that show the figures

  • Let us know if you need help interpreting or extracting the information


⚠️ Future self-service option ⚠️

PaySauce is developing self-service functionality that will allow you to enter initial balances directly when adding employees. Until then, we're happy to handle this for you.

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