Why is the Opening balance field greyed out on the Loan Deduction component?
This applies to all PaySpace editions.
The Opening balance field, on a Loan Deduction component, will be greyed out if it was previously added on the Recurring Payroll Components screen. Insert an amount in the "Increase or decrease opening balance" field to edit its opening balance.
Navigate > Employee > Payroll Processing > Recurring Payroll Components > Deductions
Alternatively, a new loan component can be created and renamed.
Navigate > Configuration > Payroll > Payroll Config > Payroll Components
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