Originally posted on http://www.kake.com/story/40985667/follow-these-5-tips-to-create-a-proper-pay-stub
The excitement around receiving a pay stub is nothing new. Even ancient Mesopotamians received ledgers of their earnings!
Whether you’re self-employed or oversee dozens of employees, you’ll want to have pay stubs on hand when payday rolls around. And by using a template, you can create authentic pay stubs that look as good as payday feels.
Curious to learn more? Then keep reading! Here are five pay stub template tips to get you started.
You want your pay stub to look legitimate and professional. While it’s possible to make pay stubs in programs like Microsoft Excel, you’re better off using a dedicated template program.
For one thing, they look better. Sites like thepaystubs.com go into painstaking detail to ensure their themes look as proper as possible.
On the other hand, using a themed template can save you a ton of time. You don’t have to worry about the design or adjusting lines. Just choose your theme, enter your info, and you’re off the races.
Speaking of info to include, you’ll need to have some key information on hand. Before you sit down to create your stub, make sure you have access to:
As long as you have access to this info, you should be able to fill out a stub in a matter of minutes.
If this is your first time creating a pay stub, you might assume that the above is all you’ll need to include. On the contrary, it’s quite important that you list the amount of money taken out of an employee’s pay along with the reason.
In most cases, these deductions are known as employee contributions. They include things like healthcare, social security, state and federal taxes, and so on.
Before you call it a day and print off your sharp-looking pay stub, take a few moments to comb through it for inaccuracies. It may not seem like a big deal, but even small mistakes like a typo or poor formatting can end up costing your company big.
While template programs are fantastic in terms of efficiency, they’re not infallible. It’s still up to you to pay attention to details.
Whether you’re submitting the pay stub to yourself or an employee, you’ll need to access it again when tax season comes around again.
Ideally, you’ll keep two copies: One digital and one physical. That way, if something happens to your physical copy, you can just print out another copy.
Most template programs allow you to export your data to a PDF file, so getting a digital copy is as easy as clicking the mouse a few times.
There you have it, everything you need to know about creating professional-grade pay stubs using a pay stub template. Creating a pay stub is easier than you might think, so give it a try!
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