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What is wage type in SAP payroll basically. Is it field typ[e
or what ?

Answer Posted / adi

Wage type is a wage componenet which is used in Payroll and Time management. Time wage types will be used in Time evelution and having number as a value.Payroll wage tyes will be used in Payroll having rate and amount as a value.
This is not a filed this is concept how diffarently wages will be calculated depends up on diffarent parameters.

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