What is Payroll Adjustment Type?
Payroll Adjustment Type is used to create a specific payroll adjustment by naming it and putting on a description. Payroll Adjustment Types are used to create a Payroll Adjustments.
This feature contains the following functions and terminologies:
- Name - Your Payroll Adjustment Type Name (e.g.: Overtime Adjustment, Basic Pay Adjustment.)
- Description (Optional) - the description you want to put on your Payroll Adjustment Type, this is not required upon creating a new Payroll Adjustment Type