Employee Pay Stub Template

When an employee receives a payment, the company’s primary task is to keep a record. A pay stub is a document that acts as a documentation of the payment received by the employee. It shows the total earnings in the immediate pay period and the earnings for the whole year. Depending on the organization, the pay stub is also known as a payslip, paycheck, or check stub.

Key elements of pay stub:

Since the pay stub is an important document, it includes important details that can be useful for documenting the payment. The main details are:

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  1. The employee’s name
  2. Total salary
  3. Deductions from payment
  4. Complete date of payment

Benefits of pay stub:

  1. The pay stub provides the information about the wages.
  2. It is also advantageous to keep the record accurately without any errors.
  3. It also serves as proof of income and tax filing.
  4. The record of accurate payment can be maintained through a pay stub.

Many employees use the electronic version of their pay stubs because the funds are transferred to their account electronically. Those employees who don’t have a bank account use the payroll card issued by the company, which acts as a debit card.

Government agencies also issue paychecks to people from their treasury departments instead of their bank accounts. The payroll provided by the company can be printed to get a hard copy.

Companies that want to save time and streamline the payroll management process can use the pay stub template.

About Template

  • The pay stub template is prepared in MS Word, Excel, and PDF format. You can use the format according to your needs. These templates are easy to download and provide an easy interface.
  • The template is helpful for people who don’t want to prepare a pay stub from scratch.
  • The template has been designed to be adapted to any type of business requirement. One of its best features is that it can be edited as required.

Preview

Pay stub template

Format: MS Excel -Size: 37 KB


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