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Pay Types

Configure payment type categories for time tracking.

Overview

Pay Types define the different categories of time that can be tracked, such as regular hours, overtime, vacation, or sick time. These categories are used in time tracking and payroll reporting.

Accessing This Setting

  1. Go to Settings > My Company > Pay Types

Configuration Options

Creating Pay Types

  • Pay Type Name - Name of the pay category
  • Code - Short code for reports
  • Rate Multiplier - Multiplier applied to base rate (e.g., 1.5x for overtime)
  • Billable - Whether this time is billable to clients
  • Active Status - Enable or disable pay types

Common Pay Types

  • Regular Time
  • Overtime
  • Double Time
  • Vacation
  • Sick Leave
  • Holiday Pay

Using Pay Types

Pay types are used when:

  • Entering time in time tracking
  • Running payroll reports
  • Calculating labor costs on projects