US-PY-PT What are the time of wage types?

Gurus,
I am new to HR and have some basic questions.
I read some documentation and need some clarifications.
1. What is time wage type?
    All the wage types created in B2 cluster (assuming PT component is enabled).
2. What is non-time wage type? (also refered as dialog wage type)
     All wage types created by PA30 infotypes.
    The only exception is 2010 which can have user
     entered wage types. If enter wage type has only number - then it is time wage type. Otherwise, it
     is non-time wage type.
Do I understand this correctly?
Are there any changes needed for the above two statements?
Please help...
Thanks,

Dear,
1. What is time wage type?
Time Wage types are generated during time evaluation with their amount as only NUm field is there for time wage types as Overtime hours
2. What is non-time wage type? (also refered as dialog wage type)
Valuation of non time wage types are done out of Time Evaluation . Like wage types entered in IT 0008 , 0014, 0015 etc
3.
In IT 2010 we can enter Time wage types as well as other wage types even this IT is used for enttering Overtime wage types
Warm Regards,
Kapil Kaushal

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