Employee Leave Report: In employee leave report you can generate the report for chosen period i.e., month on month for selected Leave Year and based on a few Employee Master information you can select the desired criteria.
Also, report can be generated either Leave wise or Balance wise along with Leave Encashed Days
Here Opening Balance will be the closing balance of the previous month, for example, if From & To month is Aug 2017 to Sept 2017, then July 2017 closing balance will be the opening balance of Aug 2017.
Credit Balance, Leave Taken record, Closing Balance would be of the period selected in From & To month.
Leave Balance Report: This is the report where you can generate the Year To Date (YTD) leave balance. Here Opening Balance will be always the balance which has got carry forward from previous leave year and Credit Balance, Leave Taken record, Closing Balance would be YTD.