Enter Payroll Initial Balances screen

Use the Enter Payroll Initial Balances screen during the Initial Balances Setup to create entries for employee pay for pay periods prior to the first payroll processed in ProContractor.

Note: To open the Enter Payroll Initial Balances screen, click Administration > Initial Balances > Payroll Balances > Enter Payroll Initial Balances in the All Tasks pane.

You can create a payroll initial balance entry for both the current period and prior periods. You can also use the Enter Payroll Initial Balances screen at year end to adjust amounts that impact Forms W-2 or T4 slips.

Payroll initial balances don't need to be posted. You can use the Monthly/Quarterly Payroll Reports Screens, the Deduction Report screen, and the Fringes Report screen to ensure that the information is correct.

Note: The Enter Payroll Initial Balances screen is the last step in the initial balances setup process. Once you complete this process, you are ready to use ProContractor.