Pay Type differentiate nature of remuneration paid to staffs.
Please go to Payroll -> Pay Type to create the Pay Type needed.
|Pay Type Code||Short code to represent a Pay Type|
|Pay Type Name||Full name of the Pay Type|
|Grouping Code||Define how the Pay Type is grouped. Pay Types can be grouped together in certain reports if they have the same Grouping Code. If Grouping Code is blank, then the original Pay Type Code will be used.|
|Sequence Number||Define the sequence of how the Pay Types to be displayed. It is suggested to create the sequence in larger intervals such as 100, 200... then you will be able to insert the new pay type in between later|
|Has Unit Rate||Define whether this pay type is calculated and presented in the form of "Unit rate x Number of Unit"|
Enabled: Define a formula for both "unit rate" and "number of unit", e.g No Pay Leave would be calculated by "Daily rate x Number of no pay leave taken"
Disable: Define the formula for the pay amount only, e.g "Commission" would calculated in lump sum.
|Is Cash||Define whether this pay type will directly impact the net amount received by the staff. Most pay types are cash, but some are not.|
|Is Gross Salary||Define whether this pay type is part of the "Gross Salary". This option affects the following:|
|Is Hidden||Define whether this pay type is hidden in staff-facing documents, e.g. Payslip, i.e can only be viewed by back-end user|
|Remarks||Any notes for your reference|