diff --git a/openpype/settings/defaults/system_settings/applications.json b/openpype/settings/defaults/system_settings/applications.json
index 79711f3067..cc80a94d3f 100644
--- a/openpype/settings/defaults/system_settings/applications.json
+++ b/openpype/settings/defaults/system_settings/applications.json
@@ -1009,8 +1009,6 @@
         },
         "variants": {
             "2020": {
-                "enabled": true,
-                "variant_label": "2020",
                 "executables": {
                     "windows": [
                         "C:\\Program Files\\Adobe\\Adobe Photoshop 2020\\Photoshop.exe"
@@ -1026,8 +1024,6 @@
                 "environment": {}
             },
             "2021": {
-                "enabled": true,
-                "variant_label": "2021",
                 "executables": {
                     "windows": [
                         "C:\\Program Files\\Adobe\\Adobe Photoshop 2021\\Photoshop.exe"
@@ -1041,6 +1037,21 @@
                     "linux": []
                 },
                 "environment": {}
+            },
+            "2022": {
+                "executables": {
+                    "windows": [
+                        "C:\\Program Files\\Adobe\\Adobe Photoshop 2022\\Photoshop.exe"
+                    ],
+                    "darwin": [],
+                    "linux": []
+                },
+                "arguments": {
+                    "windows": [],
+                    "darwin": [],
+                    "linux": []
+                },
+                "environment": {}
             }
         }
     },
diff --git a/openpype/settings/entities/schemas/system_schema/host_settings/schema_photoshop.json b/openpype/settings/entities/schemas/system_schema/host_settings/schema_photoshop.json
index 7bcd89c650..0687b9699b 100644
--- a/openpype/settings/entities/schemas/system_schema/host_settings/schema_photoshop.json
+++ b/openpype/settings/entities/schemas/system_schema/host_settings/schema_photoshop.json
@@ -20,26 +20,21 @@
             "type": "raw-json"
         },
         {
-            "type": "dict",
+            "type": "dict-modifiable",
             "key": "variants",
-            "children": [
-                {
-                    "type": "schema_template",
-                    "name": "template_host_variant",
-                    "template_data": [
-                        {
-                            "app_variant_label": "2020",
-                            "app_variant": "2020",
-                            "variant_skip_paths": ["use_python_2"]
-                        },
-                        {
-                            "app_variant_label": "2021",
-                            "app_variant": "2021",
-                            "variant_skip_paths": ["use_python_2"]
-                        }
-                    ]
-                }
-            ]
+            "collapsible_key": true,
+            "use_label_wrap": false,
+            "object_type": {
+                "type": "dict",
+                "collapsible": true,
+                "children": [
+                    {
+                        "type": "schema_template",
+                        "name": "template_host_variant_items",
+                        "skip_paths": ["use_python_2"]
+                    }
+                ]
+            }
         }
     ]
 }