User can enable and disable payslip options and change their captions as well. To do the same go to Setup Menu - Payslip Settings:
In Payslip settings two fields are available for customization. One is Fixed field, where you can only update caption for those fields. Fixed fields can not be disabled and will always show on employee's payslip. Other are Optional Fields, which you can make enable/disable to be appear or don't appear on Payslip. You can also update caption for optional fields.
These options can not be disabled on Pay Slip. You only can change caption for the fields
These options can be enabled/disabled on PaySlip. You also can change caption for the fields