Companies use payroll management software for solving a number of administrative worries. Labor and employment laws demand that employees be given paystubs each time they receive salary. However, it’s not the creation of paystubs that’s the problem. It’s the intricacies involved when creating it that can be a constant headache for employers. Small business owners need to focus on creating accurate and high quality stubs. So, how do you create an online paystub? Read on to find out.
What is an online paystub generator?
Tired of creating paystubs manually or contracting your paystub creation worries to other organizations that cost you a lot of money each year? There is an easier alternative out there, something that helps you create online paystubs free. Online paystub generators are web-based tools that provides secure interface for employees to view their current and old checkstubs. Today, it is the new generation paperless employment management.
How do you create an online paystub?
It’s not that difficult to create a paystub. You log in to the home page of the website, fill up the details of the concerned employee, choose a template and review the details before clicking on the payment button. When the payment is done, you will get the final paystub on the screen. Employees can easily download and print paystubs and you can even send them to their inbox if you have a valid email address.
You can generate the paystub according to the pay schedule including creating paystubs daily, weekly, bi-weekly, semi-monthly, monthly, quarterly, semi annually or annually.
The general points that are included in a paystub creation are as follows:
- Selecting the state
- Company name
- Address of the company
- Full name of the employee
- Employee ID number
- Email address of the employee
- Last four digit of the SSN (depending on the country)
- Your paid income
- Payday (indicating the most recent date of the pay)
You can change the date and do the tax deduction calculations, check withhold amounts, and even medical or union dues. Online paystubs can save as much as 70% by helping you cut down on paper resources.
Let’s face it…
Businesses can drive in productivity, increase sales and do a whole lot more when they can create paystubs free. You can track the earning trends of an employee, keep a tab on the number of hours worked by an employee, or judge the performance. You can create paystubs instantly and without worrying about those wrong calculations and record keeping problems.