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Retro Functionality for Closed Tax Year

Description

With Release 4.5A, it is possible to retroactively calculate tax and tax exemptions from a closed tax year. The amounts calculated retroactively (from a closed tax year) are brought forward into the current period (where taxes are calculated) and the adjustments are made.

Therefore, an employee's tax details for the closed tax year in question will not be altered.

Further notes

The tax year in question must be closed in order to perform this retroactive functionality.






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