A pay stub, also known as a paycheck stub, is a document that provides details of an employee's pay for a given period. It includes information such as gross pay, deductions, and net pay.
You will need the employee's name, address, social security number, pay rate, pay period, and any applicable deductions.
There are many online templates available that you can use to create a pay stub. You can also use a payroll software program.
Fill in the employee's name, address, social security number, and pay rate. Make sure you have the correct pay period dates.
Multiply the employee's pay rate by the number of hours worked in the pay period to calculate the gross pay.
Calculate federal, state, and local taxes based on the employee's W-4 form and any other relevant tax information.
Subtract any other withholdings, such as retirement contributions, health insurance premiums, or other benefits.
Subtract the total deductions from the gross pay to calculate the employee's net pay.
If applicable, include information such as overtime pay, bonuses, or reimbursements.
Make sure all the information is accurate and that the math is correct.
Once you are satisfied with the pay stub, print it out or distribute it to the employee electronically, depending on your company's policy.