What is cleared?When you choose to Clear down Financial Year balances, this option clears the following from the Employee Details: Pay/YTD tabNon-Tax deductions for the Financial Year. PRSI for the Employer Financial year. Payments tabHours to date, Values to date and Nett Value to date. Deductions tabBalance for employee and employer. The Total Pension deduction values for employee and and employer don't clear down. NOTE: Reducing balances don't clear down automatically, so they can continue on in the new year until they reduce completely.
|