Effect on Pay

Adds to pay – The item increases the paycheck amount. For example, an earning adds to pay.

Reduces pay – The item decreases the paycheck amount. For example, health benefits reduce pay.

No effect on pay – The item is informational. For example, a memo is added for reporting purposes.

Add to pay for tax calculation – The item adds to the pay but is subtracted from net pay. For example, the personal use of a company car.

A Bank Account section may display if the selected component was set up by Paychex to allow for direct deposit.
This type of setup is not typical.