Maintaining an Employee's YEA Information
Year-End Adjustment information is controlled by Infotype 0146 Y.E.A. Data. The amount of income tax calculated in the Year-End Adjustment is based on the data you enter here. The infotype also holds data relevant for the income tax statement for the employee.
The default values are January 1 and December 31.
– Insurance fee
– Spouse’s income
– Amount of deductions for house acquisition and so on, which are necessary for Year-End Adjustment.
In case you specify a tax credit for a newly acquired or rebuilt house or mansion, also enter the official starting date of living in the new house or mansion as this information will be transferred to the income tax statement.
The Year-End Adjustment information for the employee is created.
Adding an Employee’s YEA Information: An Example