What Does this setting Do In Payroll Settings Define Opening Balance for Earning and Deductions

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What does this feature in payroll settings do…?

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you can set up opening entries for an employee’s “Taxable Earnings till Date” and “Tax Deducted till Date” in the Salary Structure Assignment, even without any prior salary slips. This helps accurately reflect the employee’s full earnings and tax history from the start, useful when onboarding new hires.

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