Although pay stubs are not a compulsory requirement by the law, it is good to provide your employees with them whenever you are issuing checks or prior to the payday. Actually, some states recommend that you issue the employees with the pay stubs one day to the date of payment. This will enable them to understand the breakdown of their salaries from the viewpoints of deductions and taxes. As an employer, you might also require the copies of these paystubs as they can assist you in the future especially if there are payment issues. At a personal or corporate level, you can make pay stubs at the comfort of your home using various approaches as discussed below:
- Order pay stubs from the internet
This is one of the most effective and efficient ways to have pay stubs either for yourself or for your employees. In this method, a platform is provided where you can fill all the necessary details and afterward you can print an already completed pay stub with all calculations having been done for you. In this method, always check stub creator who has a good reputation and offers great services at a friendly price. This way, you will save a lot of money and resources which you could have spent if you used other methods.
- Accounting software
Currently, there are hundreds of software in the market which you can use to prepare financial and other accounting transactions at the comfort of your home. Majority of this software will have the capability to prepare pay stubs and that the reason why this option has appeared in this list. However, you have to sacrifice some few dollars if you really have to get a reliable and consistent software which will perform its functions in an effective and efficient manner.
- Use excel
I believe everybody reading this article is familiar or has ever heard about excel application. This is one of the Microsoft office product which comes in conjunction with other software packages such as Microsoft Word, access, and many others. This package is sorely meant to assist the users to accomplish various mathematical and bookkeeping transactions. With the use of this software, it is possible to design pay stubs by following certain steps as can be found in this article. The main challenge with the excel application is its inability to make appealing stubs when compared to other software applications
- Make use of Google Docs
At a basic level, Google docs is simply a collection of various applications and templates which can be used to perform various functions. in these docs, there are various templates which you can use to prepare a decent pay stub at any given time provided you have got access to the internet.
- Buy a template
A template is an already prepared and designed document which you can simply customize to fit your choice and taste preference. You can add and remove columns as well as rows at your wish and maybe add the logo and the name of your company. Pay stubs templates are readily available on the internet with some requiring you to pay while others are free to download. The paid ones tend to have more advanced features and they can help you accomplish many roles simultaneously.
