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Paycheck stubs are an inevitable element for employers these days. For businessmen who are looking for legitimate solutions, Paystub Maker offers a great start. After all, sorting out the business’s accounting needs is the topmost priority of any businessperson.
Not to your surprise, this handy facility is helping all who seek the easiest way to create paycheck stubs online. You may learn more about the same with 3 Ways. Check Stub Maker is a great helper. Everyone is taking advantage of the check stub maker in the way they want, and as the process of creating pay stubs is smooth, there is no reason left to deny using this facility. Let’s now look at how it establishes smoothness for businesses…
Paystub Generator for Recordkeeping
Recordkeeping can sometimes be a headache for businessmen. With a paystub generator, things get easier to manage. Employers and employees should understand how long they should preserve their paychecks.
According to the Fair Labor Standards Act, the recommended limit for payroll documentation and retention is 3 years. However, the IRS recommends a different duration, which extends up to 4 years after the fourth quarter. In short, record-keeping is an essential factor to consider.
When one uses the online pay stub creation method, this entire recordkeeping is digitalized. As you already know, the created pay stubs are instantly available for download and printing. They can be saved in the user’s system or kept in the mailbox and used whenever required. The digital copy can be printed whenever needed, and if a user has erased it by mistake, a new copy can be requested.
New User Offer: Get 1st Default Pay Stub Free
One needs to be careful while using any pay stub maker and take a moment to check if the respective website provides the facility to request a missing check stub.
What is the required information?
The following information is required for payroll records as per the Fair Labor Standards Act and the Social Security Administration:
- Full Name & Address
- SSN
- Gender
- Occupation
- DOB of Employee (if less than 19)
- Date & Time each work week begins & ends
- Payroll Period start date
- Pay Date
- Daily/Weekly/Monthly Hours Worked
- Pay Rate
- Regular Wages & Overtime Pay
- Bonus pay & Deduction details
Most of these details are already available with pay stubs, and hence, employers are required to maintain these records for at least two years.
3 Steps to Paycheck Stub Online
Paycheck stubs online are the easiest way to introduce hassle-free accounting into an organization. If you are an employer and looking for the best and most affordable check stub maker, then you are at the right place.
Related Article: 3 Ways Check Stub Maker is a Great Helper
FAQ's
How do I read my paycheck stub?
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Reading a paycheck stub can be confusing if you're unfamiliar with the terminology and calculations used. However, most paycheck stubs include a key or legend explaining each line item. If you're still unsure how to read your paycheck stub, you may want to consult with a tax professional or HR representative.
What should I do if there's an error on my paycheck stub?
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If you notice an error on your paycheck stub, you should immediately bring it to your employer's attention. Your employer should be able to correct the error and issue a corrected paycheck stub.
Can I access my paycheck stub online?
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Many employers now offer online access to paycheck stubs through a secure employee portal. This can be a convenient way to access your paycheck information and help reduce paper waste. You should check with your HR representative if you're unsure whether your employer offers online access to paycheck stubs.
