Previous Employment Entry and Year-To-Date Payroll Transactions are used to ensure accurate PCB calculations and maintain complete payroll history for proper statutory reporting. However, they differ from the following:
Previous Employment Entry:
Used to record payroll information from an employee’s previous employer
Applies to newly joined employees
Ensures accurate PCB tax calculation
Helps prevent discrepancies in statutory contributions
Year-to-Date (YTD) Payroll Transaction:
Records payroll data processed by the current employer
Used when a company starts using AutoCount HRMS mid-year
Used when payroll data is imported via Excel
Maintains past payroll records within the system