This guide will explain the differences between Previous Employment Entry and Year to Date Payroll Transactions.
Previous Employment Entry - Is for employer to mainly newly joined employee’s past payroll transaction from other employers. This is to ensure an accurate PCB Tax calculation and that there would be no discrepancies.
Year to Date Payroll Transaction – Is a record of the past payrolls that the employer has processed. This is not commonly used among employers as it is usually used during these two scenarios:
1. Employer switched to AutoCount HRMS system in May 2024
2. Employer prefers to import excel to process payroll.
Conclusion: These two function serves a similar purpose, and that is to ensure that the PCB tax of an employee is calculated accurately by making sure that the past payroll records are all there regardless of newly joined employees or change of HRMS / Payroll System.
END OF GUIDE