Is it Required to Run Prepayments in case of Amending figures for FPS?
I have a scenario where i require to adjust balances reported on FPS.
For e.g. I reduce taxable pay to 2000 from 4000 for a particular period in previous tax year.
Is it required to run a prepayments for that period after doing balance adjustment and then run fps by selecting this prepayment?
Note down regular prepayments are already run for each month and do we require to run a prepayment each time i do balance adjustment for Earlier year updates on FPS?