Create a Balance for Cycle to Work

When you create an element, the element template creates the element and associated objects, such as input values, formulas, and balances.

Fastpath: My Client Groups > Show More > Balance Definitions

Here's how you can create a balance for travel pass.

1. Create a balance to track the opening balance of cycle to work.
2. In Basic Information, provide the name, LDG, and the effective as-of date.
3. In the Balance Details section, ensure that the Balance Category is set to Miscellaneous.
4. Add the Balance Dimension Assignment Reference Code Inception to Date.
5. In Balance Feeds by Element, ensure that the balance feed is added as shown:

   Field	Value
   Element Name	IE Cycle to Work
   Element Classification	Standard Earnings
   Employment Level	Payroll Assignment
   Input Value	Opening Balance
   Add or Subtract	Add
   Effective Start Date	Relevant date

6. To end date the balance feed from the Gross Pay balance (Input Value – Pay Value), you need to set the effective end date, for example 01-Jan-1951.
7. Save your changes.