This is the section in which you need to ‘create’ all the different types of base wages or salaries that you pay your employees.
Why would you need more than one?
The same pay type can be used for multiple employees:
•If all employees are paid as either hourly, or salary, and;
•If all employees pay can be allocated to the same expense account, and;
•If you never pay an employee more than one pay type in a single pay.
So if you need to pay overtime, of say Time and a Half on top of normal wages, you will need an extra pay type for the Overtime.
If a manager is on a Salary, and other workers are on hourly rates you will need separate pay types.
If the director gets drawings that are allocated to a different account number, you will need a separate pay type.
Note: you don’t need to set up Pay Types for Holiday Pay or for Sick Pay as these are assumed by Dealerlogic and will automatically be available for you to use in a Wage Entry.