Standard Wage Types That Are Used
What are the standard wage types used in payroll?
Basic PAY wage type
Element Wage Type Code
Basic 1000
Dearness Allowance 1010
Canteen Subsidy 1020
Personal Allowance 1030
Literature Allowance 1040
Superannuation Allowance 1050
Education Allowance 1060
House Rent Allowance 1070
Leave Travel Assistance 1080
Medical Allowance 1090
Washing allowance 1100
Maintenance Allowance 1110
Transport Allowance 1120
CAD/CAM Allowance 1130
Deputation allowance 1140
Car Fixed allowance 1150
Recurring Payment &deduction
Element Wage Type Code
Special Payment 2000
Advance Payment 2010
Loan Payable 2020
Others 2030
Notice Pay Payable 2040
Notice Pay Recovery 3000
Others 3010
Special Deduction 3020
Advance Deduction 3030
Loan Recovery Principal Amt 3040
Additional Payment
Element Wage Type Code
Incentive 4000
Gratuity 4010
Bonus 4020
Ex gratia 4030
Leave Encashment During Ser 4040
Leave Encashment At Saperat 4050
Notice Pay Payable 4060
Special Payment 4070
Award/ Reward 4080
Notice Pay Recovery 5000
Advance Deduction 5010
Others 5020
Tele Phone Bill 5030
Car Sale 5040
Loan Recovery Principal Amt 5050
Loan Recovery Interest 5060
Mediclaim 1160
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