Pay elements are required to process payment against employees; you will need to have a different pay element for salary, pension and benefits. To create a new pay element, follow the steps below.
📌Note: A pay element code must be an alphanumeric combination that may also include spaces, -, %, £, $, *, @, <, > and a maximum of 20 characters.
Click System, then click Pay Elements.
Click New, enter the required information.
Code:- Name shown on payslips.
Type:- Earnings or deduction.
Enter a rate and quantity, and then select any pay element options required.
Click Save.