What is Paystub?

Article By: Carol Anderson


What is Paystub?

As a newbie in field of business, if you are worried about questions related to the basics of the Paystub then you have reached the perfect place. A paystub is a paper that simply displays your total earnings, deductions and in-hand amount. Paystub is much more than just a piece of paper. It yields more meaning than just the blank paper. It acts as a salary statement showing all the debits and credits. One should keep paystubs for at least a next financial year. You may have doubts currently regarding the importance and use of paystub. So a paystub helps you understand the basic difference between various generic terms used on the paystub and also serves as a proof at various places.

So you might be wondering:

Why should you have copies of your paystub?

You might need paystub urgently at various places based on your profession.

So if you are an employee in any field, you will need paystub in following situations:

  • Employment proof
  • Income proof where you need credits like: retail store card, credit card, home, car finance
  • For filing Income tax returns
  • For various documents like rent agreement or to be accepted as a tenant.
  • As a proof in case of any conflict with the employer

Even employers need to keep the copy of paystubs generated for their employees due to following reasons:

  • As a payment proof to all the employees and contract based workers.
  • Proof for various deductions
  • For filing income tax return of the company.
  • As a proof from employers side in case of any dispute with employees.

Consistency of income and expenditures can be proved through the use of paystubs for both employees and employers. Without this proof, you may not receive credits for your loans or find yourself in some kind of problem while filing the income tax returns. As a small business owner, in some cases you may not be able to afford the accountant so all this stuff needs to be done by you. In such cases, Online Paystub can provide you with easy help in generating paycheck stubs online. You can create a pay stub with free preview only at our pay stub maker.

How to create my first paystub?

If you are a small business owner or self-employed and wish to create a paystub for yourself or your employees then this can be done easily with our online pay stub generator.

Paystub Maker is an easy to use tool which helps in knowing what the paystub consists of and all calculations. The auto calculations developed at Online Paystub are designed by the experts to take everything into account and yield 100% accurate result based on the inputs. We can take a look at it functioning in step by step manner which takes around two minutes and is easy to do.

Step 1: Click here to navigate through paystub generator page.

Step 2: Fill out the form over this page

Step 3: After entering the details, have a free preview for your generated paystub, pay for the stub generated and then you will receive the stub in your inbox. If you don’t receive your stub in your inbox, you can check the spam and junk folders.

Still, if you don’t find the paystub, you can request a resend order over here. Again, if the result is failure, you can contact our 24×7 customer support.

Thus, in this way we hope to satisfy your thirst for learning more about the paystub.

Related Posts

In day to day operations on or off the business,..

Read More