What is 'initial balance' in SAP SRD-HR-TM - Time Management?

initial balance - Overview

• Component: SRD-HR-TM

• Component Name: Time Management

• Description: A number of days or hours allocated to an employee’s time account in order to set the account balance to a specific initial value, which typically results from postings that are not or are no longer stored in the system.

initial balance - Details

• 
  Key Concepts: 
  Initial balance is a feature in SAP SRD-HR-TM Time Management that allows users to set up a starting balance for an employee’s time account. This initial balance can be used to track the employee’s time off, such as vacation days, sick days, or other types of leave. 
  
  How to use it: 
  To set up an initial balance for an employee’s time account, the user must first create a new time account in the system. Once the time account is created, the user can enter the initial balance for the employee. The user can also specify whether the initial balance is positive or negative. 
  
  Tips & Tricks: 
  When setting up an initial balance for an employee’s time account, it is important to make sure that the initial balance is accurate. This will ensure that the employee’s time off is tracked correctly and that any discrepancies are quickly identified and addressed. 
  
  Related Information: 
  For more information on setting up an initial balance in SAP SRD-HR-TM Time Management, please refer to the official SAP documentation.