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

Answer Posted / neelima

wage type is nothing but pay component and also storage device or container, it can stores the information with the parameters like number,amount,rate.

every wage type will have a processing , cumulation and evaluation classes.

length of wage types are 4 digit

there are three types of wage types

primary/model wage types --> alphabet --Mxxx
secondary,technical wage types --> slash -- /xxx
customer specific wagetypes --> number --3xxx

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