What is initial balance in SAP LOD-SF-EC - Employee Central?

SAP Term: initial balance

• Component: LOD-SF-EC

• Component Name: Employee Central

• Description: In Time Off: Where an employee has a vacation or other time off entitlement at the beginning of the year, the initial balance is the allocation of time off granted, from which time off taken during the year is then deducted.

Smart SAP Assistant

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  Key Concepts: 
  Initial balance is a feature in SAP Employee Central that allows you to set up a starting balance for an employee’s leave entitlement. This initial balance is used to calculate the employee’s leave entitlement for the current year. 
  
  How to use it: 
  To set up an initial balance, you must first create a leave type in Employee Central. Once the leave type is created, you can enter the initial balance for each employee in the “Leave Entitlement” section of their profile. The initial balance will be used to calculate the employee’s leave entitlement for the current year. 
  
  Tips & Tricks: 
  When setting up an initial balance, it is important to ensure that the amount entered is accurate and up-to-date. This will ensure that the employee’s leave entitlement is calculated correctly. 
  
  Related Information: 
  For more information on setting up an initial balance in SAP Employee Central, please refer to the SAP Help Portal.