How do I select new income in a time slip as a payroll income?

Newly created payroll income cannot be selected as a payroll income in time slips.

The income setup is incomplete or income type is not correctly selected

Note: In Premium and Pro edition, Income will not display in the time slip. The Income will display in the time slip in Quantum version   

1. Click Setup, Settings, Payroll
2. Click Income and select the Type as either Income, Hourly Rate, or Differential Rate(All other types will not display as a Payroll Income in Time Slips,
3. Click on Linked Accounts, Income and add Linked Account beside the new income
4. Under the employees record check off the box to Use beside the income