Hello LDO,
Thank you for connecting with the QuickBooks Community! You can add 4 Time Off Pay Policies: Paid Time Off, Unpaid Time Off, Sick Pay, and Vacation Pay. However, it is not yet available to add two paid time off policies specifically.
If you do need to update your policy accrual period, current balance, or other settings. The article below is very resourceful.
Let me know if you have any other questions! My team and I will be thrilled to help.