This page is your FX reconciliation wallet: an automatic accounting ledger you never top up or withdraw from. It is different from the prepaid funding wallet that some accounts use to fund payroll and contractor payments, which shows a per-currency available balance and lets you add money by bank transfer or ACH. If you were looking for where to add money, see Funding your wallet.
Finding the ledger
The FX reconciliation ledger lives on the Finance page, on the FX adjustments tab next to Invoices. It is not a standalone sidebar item, and the old/employer/wallet address no longer resolves, so open Finance in the sidebar instead. You can also click the FX balance card at the top of the page, or go straight to /employer/finance?tab=fx.
The tab and the card only appear once there is FX activity to show. If your invoice currency has always matched your employees’ salary currency, there is nothing to reconcile and you will not see them at all.
Your Home dashboard also shows a Wallet card once your first EOR payroll has been paid. It shows your balance and what it does to your next invoice, with a View FX adjustments button that opens this tab. There is no way to add money to it.
Your balance
The FX balance card at the top of the Finance page shows the figure and, beneath it, what happens to it: Credit on your next invoice, Added to your next invoice or Nothing carried to your next invoice. The FX adjustments tab repeats it under a short explanation of why the balance exists. We invoice payroll at the exchange rate on the day you approve it, and pay your employees at the rate on the day the money converts. A positive balance means we collected more from you than was actually paid out, so it is a credit against your next invoice. A negative balance means we collected less, so it is added. You never top up or withdraw from it; it settles against your invoices on its own, and the invoice breakdown shows it as an FX adjustment line. The difference is measured on everything we convert to rupees: salaries, bonuses and health insurance. Money you take back from an employee lands here too. An advance repayment, an overpayment correction, equipment recovery or unpaid days you enter on a run come off their pay, but the invoice already billed their full salary, so what was actually withheld is credited back as Recovered from employees on the run, at the rate the money converted at. A repayment larger than half their pay is spread over the next runs, and each part is credited when it’s taken. A salary agreed in your invoice currency is billed at its fixed rate, so it never moves your balance. See Agreeing a salary in another currency.Entries
Below the explanation, a table lists the activity that moved your balance. Each row shows:
A rate that does not apply to a row shows a dash. On a phone each entry is a card, with the details as its heading.