How do I assign a maximum value to a component so that it cannot exceed the specified amount when processed?

How do I assign a maximum value to a component so that it cannot exceed the specified amount when processed?

This feature is available on all PaySpace editions

The system allows a maximum value to be assigned to a component, on company level. This means that when a company or business partner level user processes the component on employee level, the amount entered cannot exceed the specified amount entered in the "maximum value" field.

      Navigate > Configuration > Payroll > Payroll Config > Payroll Components > extra options