How to determine OT Pay and OT Hours?

Type of OT Pays 

There are eight types of O.T. Pay Type in a Payroll Record.

You can define the description of O.T. Type 7 and 8 in the Payroll Module Setup, Pay Type Tab. 

You can turn off the O.T. Pay that you do not wish to be visible in Payroll in Payroll Module Setup, Pay Type Tab by turning off the visible checkbox. 

The O.T. Rate of different O.T. Pay Types are predefined in OT Type and different OT Types are assigned to the employee in Employee Master, Salary Info tab

OT Rate

In general, 

OT Rate can be a fixed rate or User-Defined Formula and is defined in OT Type.

OT Hours/Days

Number of OT Hours (or Days) is determined from,

You may need to select one of the above options to determine whether the "Number of OT Hours (Days)" comes from Attendance Records or Approved OT Compensation Applications.

OT Pay

OT Pay = OT Rate (either Hourly or Daily) x OT Hours/Days