Use

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 recalculates Year End Adjustment results and the difference between the previous and newly calculated Year End Adjustment results.

Integration

Unlike Regular Year End Adjustment or Provisional Year End Adjustment function, Year End Adjustment function is NOT integrated with regular 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 payroll calculation.

Prerequisites

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 recalculation.

Features

Year End Adjustment recalculation covers full functionality of Year End Adjustment. The following information entered in employees' master data ( Y. E. A. Information (Infotype 0146) ) is taken into account for income tax calculation. The difference between previous and current result is calculated and the amount difference is taken into account for the following:

When Year End Adjustment recalculation is performed, you can check the YEA result of previous run for the same year in cluster RJ ( Check History of YEA Results )

Activities

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

Year-End Adjustment Recalculation