Creating a custom Pay Type for Allowances/Deductions

How to create a custom paytype for allowances or deductions

A custom Pay Type can be created for situations where you need to make a payment/deduction outside of the standard Pay Types.

For example: Backpay, Bonus payment, Phone Allowance, Vehicle Allowance, Tool Allowance, Employee works another job with different rate, Rent Allowance, Accommodation Allowance, WINZ deduction, Rent deduction, Accommodation deduction.

There are two options for loading these Pay Types; either taxable or non taxable. Make sure you create the Pay Type in the correct section.