Paystubs are one of the most important documents within a company. These are the documents that are given to all employees along with their salary payments and provide a range of important information.
Commonly referred to as check stubs or paycheques, these documents should be provided in every company and given to every employee regularly. Some companies offer this proof of income once a week or once a month, depending on when salary payments are made.
Because these documents need to be provided regularly to all members of staff, payroll processing can take up a lot of time, and this is something not all businesses can afford.
If you are struggling to keep up with the demands of payroll and everything else that needs to get done, then you have come to the right place, as we have a solution.
Why Are Paystubs So Important?
Check stubs are an important document within any business because they provide proof of income.
These documents not only contain information relating to how much an employee has earned over a specific pay period, like a week or a month, but also information relating to their tax deductions and insurance payments.
There are many occasions when proof of income is required, and a paystub is often the best way to provide this, for example, when taking out a loan, opening a new bank account, or buying a house. Many occasions require proof of income which can be easily done with a check stub.
However, this is not possible if your company cannot keep up with payroll processing and does not provide accurate check stubs to every employee.
How To Make Payroll Processing Easier
If you are struggling to manage payroll on top of everything else, you are not alone.
Many companies struggle to manage all aspects of payroll along with their daily to-do lists, especially if they are running with a small team. While large companies have an HR team who can do the work of payroll, not all companies have the staff to do this but still need to provide paystubs to their employees regularly.
This is where automation can come in very useful, and there are some great tools out there to do this. Payroll processing software is one of the easiest ways to manage payroll and can help you generate paystubs in seconds every month.
Working with software like this is not only affordable but can also save a lot of time which can be put back into the business elsewhere.
It is so easy to make checkstubs online, as it requires some basic company information for the documents to be generated. These documents can then be customized to suit the needs of the business and provided to your employees either digitally or as a physical copy.
With an instant paystub generator, you never have to fall behind with payroll processing again and can continue to provide proof of income to your whole team.