Repeat Year-End Adjustment (Up to Jan 31)
When an employee’s dependents data has been changed or the employee received an addition payment from employer after you performed YEA, you use this process to correct year-end adjustment (YEA) result and legal statements on or before January 31 of the following year.
Prerequisites
You have performed YEA.
Year-end adjustment recalculation function is designed to be performed when the status of payroll control record for a payroll area is outside of Release Payroll to Exit Payroll.
Process
You correct employees' master data and year-and adjustment information.
Before performing repeat year-end adjustment, master data such as Family and Related Person National Features Japan (infotype 0021) , Personnel Tax Status Information (0145) , and Y. E. A. Information (Infotype 0146) of employees who need YEA result recalculation must be checked and corrected.
You check the status of payroll control record of a payroll area.
We recommend that you ensure payroll control record status is outside of Release Payroll to Exit Payroll.
You start repeat year-end adjustment.
You call up payroll program and select the
Payroll Reason
Repeat YEA Up to Jan 31(0015) andOff-cycle Payroll Type
B for Year End Adjustment Recalculation.You run YEA related reports, such as Withholding Tax Statement for Employment Income (RPCEADJ0).
You run regular payroll for the next payroll period.
If the newly calculated YEA result is different from the original YEA result, the system carries forward the difference to the next payroll accounting. The system then pays the tax refund or deducts the tax collection amount in the next payroll period.