What is a Pay Stub Template?

A pay stub is a document that an employer provides to an employee to keep as a payment record. If an employee receives payment via bank transfer, a pay stub is attached to the deposit.

The following details are mentioned in the pay stub:

Employee Name
Pay Period
Gross Pay
Net Pay
Working Hours
Tax restrained
Benefits like health care benefits or retirement plans

How to Create a Pay Stub Template?

You can create your pay stubs manually or via software to track employees’ wages and deductions.

Whatever you choose, be it manually creating or generating via software, keep the following points in check:

At the top, the company name is mentioned with contact information.
Make sure to include columns for invoice numbers and other employee information.
Generate a field to mention how each salary is being broken down.

Generally, the software has built-in paystub generators. You only have to adjust the dashboard according to your needs and use it as yours. You can also find a free pay stub generator to make your process faster and easier.

Also, See: Paycheck Stubs