What is repeat year-end adjustment in SAP PY-JP - Japan?

SAP Term: repeat year-end adjustment

• Component: PY-JP

• Component Name: Japan

• Description: A process to recalculate YEA after you performed a YEA. You must perform the process if an employee’s income tax status such as dependents is changed after you performed a YEA.

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• Key Concepts: 
  Repeat year-end adjustment is a feature of the PY-JP Japan Payroll component of SAP. It allows for the adjustment of payroll data from the previous year to be applied to the current year. This is useful for ensuring that payroll data is accurate and up-to-date. 
  
  How to use it: 
  To use the repeat year-end adjustment feature, you must first enter the payroll data from the previous year into SAP. Once this is done, you can then select the “Repeat Year-End Adjustment” option in the PY-JP Japan Payroll component. This will apply the adjustments from the previous year to the current year’s payroll data. 
  
  Tips & Tricks: 
  It is important to ensure that all payroll data from the previous year is entered accurately into SAP before using the repeat year-end adjustment feature. This will ensure that any adjustments are applied correctly and accurately. 
  
  Related Information: 
  For more information on using the repeat year-end adjustment feature in SAP, please refer to the official SAP documentation on PY-JP Japan Payroll.