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  As a business owner, the income statement and balance sheet are both vital business documents. However, they are not one and the same, although a good income statement usually translates to a good balance sheet. In some cases, a business may have a great income statement but not a good balance sheet. Sadly, many business owners mi...

In an ideal scenario, you’re dealing with salaried employees who always work full-time. You know exactly how much you have to pay them over a certain period and what amount to reflect in the paystub.   Sometimes, however, salaried employees don’t work their full hours. In such instances, a prorated salary has to be calculated. &...

  Employers are tasked with determining each of their employees’ gross pay when setting their salaries. Gross pay is more than the salary employees earn from their respective companies since it may include other sources of income such as bonuses and overtime pay.  That is what makes calculating gross pay a complicated task, especi...

If you manage a business, regardless of its size, you’ll incur some production costs. Labor costs are a key fraction of these costs, provided you employ workers. As such, it is important for you to understand what labor costs are, how to calculate labor costs, and how they affect your business. You're probably aware of what labor costs and cr...

What requirements do you have to keep in mind when creating paystubs for employees? Federal? Local? The answer to that question depends on where your business operates.   Pay stub requirements vary from state to state. While some parts of the US have very particular legal instructions about what to feature on such documents, other parts of t...

Hiring new employees can always be a struggle, especially for small businesses. When looking for the right person, there are some steps you have to take to ensure that you'll get them. You'll need to learn about a few things: how to write an effective job description, understand your small business's branding, finding great candidates, what you're ...

  Have you ever wondered how to make a simple pay stub? Or what goes into one? Whether you're an employer or an employee, it is good to understand how to make a simple pay stub. As an employer, a pay stub can help you keep better records and stay organized. As an employee, it can help you keep track of your net pay and deductions. This revie...

Whether you're an employee or an employer, you’ll sooner or later face the paystub as an important payroll document. Employers must provide paycheck stubs, but what if you're self-employed? It can be hard to keep track of your hours worked and wages earned. A pay stub not only helps you stay organized, but it is proof of your earning Self-em...

  Are you an employer looking to understand pay stubs better? Or are you an employee who wants to ensure they're getting paid correctly? Regardless of which side of the coin you're on, it's important to have a strong understanding of pay stubs for both parties involved in the employment agreement. With that in mind, we've created the ultimat...

Withholding taxes and other deductions from an employee's paycheck can be complicated for business owners. You are responsible for ensuring that the right amount of money is withheld from each paycheck and sent to the appropriate government agencies. If you make a mistake, it could cost you and your business money in penalties and interest.While ma...

Pay stubs have been certainly a must-have for every company, as they make it easy to manage and organize, are difficult to fake out, and are very easy to make. This article covers all the best pay stub generators for free. What Is a Pay Stub? Pay stubs are items in employee records. The report also covers any earnings for specific periods (work h...

Pay stub generators have become essential in every company, making people want to use paycheck stubs more and more over time. Old paper methods quickly become messy and unusable, so this article teaches you how to create a pay stub online, information about Net pay, fake pay stubs, and more! Best Paid Pay Stub Generator Websites There are plenty ...

Paystubs can be verified. When paystubs are used as proof of income and/or submitted with an application. It would reason that the recipient of this information has a method or system in place to verify the information that has been provided.   They do this to protect themselves and lower their default rates. When you look at it from the...

How far do employer responsibilities extend when it comes to child support deductions and getting those reflected on a paystub? The answer to that question depends on several factors. Most importantly, your decision will be based on whether you’ve received an income withholding order. That document obliges employers to deduct a certain amoun...

As a business owner and an employer, you’re required to stay up to date with changes introduced by the Social Security Administration (SSA). In 2023, SSA has changed a couple of things that pertain to paystub generation. The administration has outlined some of the key changes here.To make the task of paystub generation easier, we’ve summarized the ...

Pay stub examples vary on purpose and information to be shown. Different templates are available, but it’s better to make your own from our Real Check Stubs generator! A pay stub or check stub is a document an employer gives to employees or a self-employed individual highlighting their earnings in a given period. It can be used as proof...