There is a small difference between "Current balance" and "Expected closing balance" on the balance activity page.
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Current balance: displayed when the policy is set to display as "monthly accrual" and shows the balance as of now
-Number of days/hours the employee is allowed to take right now (although they may be allowed to go into negative balance)
-If the infinity symbol ∞ is shown: means the employee is allowed to take an unlimited number of days/hours with this policy, e.g., for Unpaid vacation and Work from home policies
- Expected closing balance: displayed when settings are set to display as "annual accrual," and so shows the expected balance as of cycle end
-How many days/hours the employee will have left in their balance at the end of the current cycle (taking into account how many days off they have requested)
For more information about the details in the employees ‘My Time Off’ page, feel free to refer to this Help Center article.