While almost everyone has gotten a paycheck, until you’re a business owner, you probably haven’t given a lot of thought to the question: what is payroll? The payroll process might seem confusing at first glance, but with the right information, any small business owner can make sure their...
If an employee prefers a physical copy, your business is required to provide one.Paystub vs. paycheck: Are they the same? No, a pay stub and a paycheck are not the same thing, but they’re closely related. As a business owner, it’s important to understand the difference, especially ...
What is a payment stub and how do you make one? — 6 min read Link copied to clipboard Subscribe to receive the latest Remote blog posts and updates in your inbox. Subscribe You may also like Newsroom—4min Introducing Remote Equity Essentials: Manage global equity incentives with ease ...
Having pay periods helps set expectations and ensure your business - and employees - keep working smoothly. Learn more about pay periods with Paychex.
Payroll is the process of paying employees. Employers must handle payroll each pay period so employees receive their wages. But, payroll is more than just a paycheck. There are many moving parts, like gathering employee hours worked, calculating taxes and other deductions, distributing wages, and...
Attached to a paycheck is usually a paycheck stub, also known as apay stub, payslip, or earnings statement. It is the part of the paycheck that documents how much money employees were paid and is usually attached to the employee paycheck. ...
A payroll details report is very similar to the register report. Both show employee paycheck details. And, you can use both to show paycheck information for a specific pay period. But, some payroll details reports go a step further by allowing you to group paychecks in more ways (e.g., ...
Depending on the loan’s use, you’ll either have a maximum of five or 15 years to repay the funds with a fixed interest rate. Payments can be automatically withdrawn from your paycheck. There are two types of TSP loans: General purpose:These loans can be used for any purpose, do not...
For an Affidavit of Residence, which proves that you live somewhere, you would need toinclude documents such as a copy of a driver’s license, paycheck stub, or utility bill in the attachments section. The attachments can be as robust as you’d like. In most cases, though, the more cre...
How long do you need to keep paycheck records? Whether you’re subject to stringent government regulations or not, keeping meticulous and accurate paycheck records is always considered a best practice. Payroll is generally a small business’s largest expense, and being able to see how those expen...