A pay stub is a ledger recording any amount an employer has paid an employee, what and how much is taken out of a paycheck for taxes, and any other deductions such as retirement plans or health insurance. Paystubs will show the current pay-period amounts and also display the year-to-date total. Pay stubs are used by employees as records of income or and/proof of employment when needed. A paystub template can be accessed on a website such as RockStub and then printed out for a variety of uses.
Acquire any necessary information that will be relevant your pay stub. Access RockStub and begin the process of creating a pay stub.
Examine the pay stub template. In the template’s uppermost fields, fill in the name of the employee, the address, and the phone number. Include a social security number or the last four digits of the social security number if certain security measures are desired by the employee. Fill in the name of the paying business along with its address and phone number.
Fill in the pay rate and overtime rate. Alternatively, this can be a salary for an employee that accumulates a designated amount in each and every pay period.
Establish the days and times of the pay period. Note the amount of regular, overtime, and vacation hours the employee has worked for the current pay period. Next, fill in the year-to-date regular, overtime and vacation hours the employee has accumulated.
Fill in deductions such as retirement plans or insurance coverage. Be sure to include specific details such as the names of deductions, accurate amounts, and coverage premiums when creating a pay stub.
Fill in the appropriate federal, state, and other relevant taxes deducted from the employee's pay for the pay period. Next, fill in the year-to-date amounts for the same categories.
Fill in the employee's hire date (if applicable), accumulated vacation time and the vacation hours used to date. When making a pay stub, these fields are essential to the accuracy of the gross total pay.