The Pay tab can currently be ignored. This relates to how you are going to pay your employee and can contain their bank account details, if preferred. The Payslips tab is a history of payslips that Xero has created for that employee. This can be accessed should the employee request additional copies.
This is the Pay Template and is a very important tab. This enables you to add in other deductions, earnings, reimbursements etc. that are specific to this employee. These items are shown before any PAYE or NI and could include a Pre/Post-Tax pension that the employee pays, which can be customised to either fixed or percentage amounts. You can also allocate any benefits, reimbursements of expenses, bonuses, overtime and deductions through here.
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