Below are a list of some commonly used settings that be confusing in AMG. These are all found in Settings.
Automatic Transactions Approval After X Pay Periods and Y Days - any transactions before this period will be approved by the system, so they cannot be edited.
Codes and Badges - see this article for the difference between codes and badges. In most cases you can use the setting under Badge Assignment to make it Same as Employee Code.
Co-Workers - this section is for the employee login. If employees have access to see the Calendar, then you can select which groups of other employees they will see on their calendar.
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