Employee opening balances

Add your employee opening balances so their pay history imports into Xero if you're switching during a fiscal year.

How it works

Opening balances are year-to-date earnings and taxes you've paid during this fiscal year. You'll need to set an opening balance date and add each employee's year-to-date earnings.

If you're switching to payroll in Xero in the middle of a quarter, you'll need to run an unscheduled pay run. This means your employee pay history records for the current quarter for reporting to the IRS.

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