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What would be activity type and Payroll Element for a rate which gives a payout every paycycle?

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The Employee of certain bands can choose Personal vehicle benefits where they get an amount every month (eg 20000) for using their own vehicle for company purposes. This should be part of the benefits they elect.

I want to know what activity type should I use for Rate and the Primary classification for the Elements so that once the Employee is enrolled,he/she receives that amount as an Element in their monthly salary.

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