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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