about Pay Stubs
There is need to always prepare payroll and this is due to the fact that you have to pay the employees in business. There is need to ensure you learn more about preparing the payrolls to pay your employees since it is not an easy thing as it might seem. There is need to ensure you pay your employees through payroll and this is an important thing to learn. To learn more about the pay stub then you need to read this page to discover more info. With regard to a pay stub, it is paramount to learn that it should be made in a particular way and this is to ensure that it contains all the details that are required.
The basic things that need to be included on a pay stub are the employee’s name, address and the dates when you paid. The period that the payment has covered should be indicated clearly on the pay stub and this is to ensure that the employee and employer can always refer not to be confused. Whether the employee has made the payment on a certain period during distribution can be confusing and this can be clarified by checking the pay stub. The hours worked is another thing that is included in the pay stub. Indicating the number of hours worked by an employee is an important thing that should be indicated on the pay stub.
For an employee to be able to relate the income he or she has earned, then it is recommended that there is need to indicate the number of hours that a person had worked. The gross and net pay is another thing that should be included in the pay stub and you need to read more here. Before the amount that an employee has earned is subjected to deductions, then you need to learn that it is referred to as gross pay. An employee might have earned commissions, tips and bonuses and hence there is need for the employer to ensure that they are included when generating the pay stub. With regard to the net pay, you need to learn that it is the amount the employer will take home.
Among other things that need to be included in the pay stub are the taxes and the withholding. Every time the employer needs to ensure that the correct taxes are paid and withheld. It is advisable that you need to ensure the pay stub that you create are not easy to forge since there are many fake pay stubs being generated. When it comes to the payrolls there is need to ensure that your company is organized and also to keep off trouble from generating fake pay stubs.