You must correct the Year End Adjustment (YEA) result if an employee’s master data is changed after the Year End Adjustment. For example, correction is required if an employee’s master data such as, family is changed or spouse's income tax deduction is not correct after processing the Year End Adjustment.

This function (YEA Correction) re-calculates Year End Adjustment results and the difference between the previous and newly calculated Year End Adjustment results.

Unlike Regular Year End Adjustment or Provisional Year End Adjustment function, Year End Adjustment function is NOT integrated with monthly nor Shoyo payroll. Thus, it does not create and independent payment data for neither remuneration statement or bank transfer.

The calculated difference amount is stored in the Year End Adjustment result database and paid or deducted during the next monthly payroll calculation.

Year End Adjustment result data of the target year must have been created for an employee who is subjected to correction before performing Year End Adjustment Correction.

When Year End Adjustment Correction is performed, Year End Adjustment result of previous run for the same year is automatically overwritten.

Processes to perform Year End Adjustment Correction are described in the following: