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

SAP Term: year-end adjustment recalculation

• Component: PY-JP

• Component Name: Japan

• Description: A process to recalculate the year-end adjustment result when an employee has changes that cause a difference in the annual income tax amount after the YEA is performed.

Smart SAP Assistant

• Key Concepts: 
  Year-end adjustment recalculation is a feature in the SAP PY-JP Japan component that allows users to make adjustments to their payroll calculations at the end of the year. This feature allows users to make changes to their payroll calculations based on changes in their employee’s salary, tax deductions, and other factors. 
  
  How to use it: 
  To use the year-end adjustment recalculation feature, users must first enter the necessary information into the system. This includes employee salary information, tax deductions, and other relevant data. Once this information is entered, users can then make adjustments to their payroll calculations at the end of the year. 
  
  Tips & Tricks: 
  When using the year-end adjustment recalculation feature, it is important to ensure that all necessary information is entered accurately. This will help ensure that the adjustments are made correctly and that any changes are reflected accurately in the payroll calculations. 
  
  Related Information: 
  The year-end adjustment recalculation feature is part of the SAP PY-JP Japan component. Other features of this component include payroll processing, tax calculation, and reporting.