How do I change the name of a Statutory component?

How do I change the name of a Statutory component?

Alert
This feature is available on all Deel Local Payroll powered by payspace payroll editions

You can change the name of a statutory component on the General Ledger Parameters screen.

      Navigate > Config > Payroll > Payroll Config > General Ledger Parameters

      Specify an alternative component name and select to save.

      

Info
Note
The below company setting can be activated to display alternative component names on payslips.
      Navigate > Config > Payroll > Payroll Config > Pay Frequencies.
      Edit the specific frequency and enable the 'Always display alternative name for components on payslips'

      


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