If you want to edit payout you need to know that there are 5 tabs in Payouts tab:
1- Planned Payouts tab contains statuses:
Created
Requests that safe owner created and can edit, delete or make it ready for approval
Rejected
Updates Required
Outdated
2- Ready For Approval Payouts tab contains status:
Pending Approval
3- Scheduled Payouts tab contains status:
Scheduled
4- Under Processing Payouts tab contains status:
Pending
5-Processed Payouts tab contains statuses:
Processed
Failed