Reflecting tax balance adjustment to Net Pay
Summary:
Reflecting tax balance adjustment to Net Pay
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Hi Team,
Greetings!
This is about the impact of the balance adjustment made for the tax deduction balance on to the Net Pay.
There was needful balance adjustment made for the tax balance (City Tax) for past few periods.
As those tax deductions had already got processed in those periods, the net pay was based on those values.
As these tax balance adjustments do not appear on the payslips, will there be any additional adjustment needed to have the actual Net Pay balance getting refreshed (which should happen based on the related balance feed) and having that reflected on the payslips and others.
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