Pay Stub Template Makes Payroll Easier
Are you a business owner or manager of a small to medium sized company, with one or more employees working beneath you? Did you know that by law you are required to issue a pay stub to each one of your employees at the conclusion of every pay period? Managing a business involves numerous responsibilities, but perhaps the most important of these is the calculating and issuance of regular pay stubs to your workers. This may seem like quite a hassle, but with the use of a pay stub template—a blank pay stub template in which your computer makes all the necessary calculations for you, the task is actually much easier than you might think. In fact, it can be created using your existing office software. To illustrate this, in this article we will show you how to create a sample pay stub template on your own, using nothing but your current office-based program.
How to Create an Excel Pay Stub Template
Excel is one of the Microsoft Company’s most diverse and useful program, and when you need to create free pay stub templates it can be a very helpful tool.
The reason that Excel is one of the most popular ways to create free pay stub templates is that each bit of information can be individually entered into the cells of the spreadsheet, and then altered for each one of your employees. Once the information is entered, all you need to do is use the tools you are provided within the Excel program, and set the worksheet up to do all the required calculations, including income tax, insurance and voluntary contributions to a pension or retirement plan.