Archive for the ‘Free Template’ Category
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27
Mar
2011
What Should I Be Looking for In Free Pay Stub Creator
AdvertismentWhen you start a business of your own and hire employees, there are certain things you must provide for them besides a job. Two of these are a pay check and an accompanying pay stub. If you have never had to worry about creating pay stubs for employees before, you might think that it is going to be too stressful. With the right free pay stub creator, you can do this task quite quickly and easily right on your computer.
For many years small businesses tended to hire the services of an accounting firm to figure out their employee’s deductions and create their pay stubs as well as their paychecks. Not only is this very expensive, but with today’s financial software and a free pay stub creator, you can take care of this job by yourself and use the money you would have been paying to an accountant to use in getting your business off to a very good start. Read the rest of this entry »
24
Mar
2011
The Importance of Using a Free Pay Stub Template for Word
AdvertismentOther than a job and a paycheck, the most important thing you can do for your employees is provide them with a well filled out and accurate pay stub on payday. Your employees need to be able to see how much they earned and how much they paid out in taxes each period. You can use a free pay stub template for Word to create your own quite easily without having to pay an expensive accountant.
If you are using Excel to track your employees’ hours and keep tabs on your finances at the same time, you will find that the average free pay stub template for Word will integrate smoothly with Excel to make the whole job much easier. Most employers dread having to sit down and figure out everyone’s taxes and then transfer all of the information into the pay stub form so that it can be printed out and placed with the employee’s paycheck.
However, not only are you required to give your employees a pay stub, you will find that when you provide them with one that is well laid out, contains all of the relevant information and is easy to read, your employees are going to be much happier. A happy employee is a much more productive one and this is exactly what any business owner needs.
While you could easily sit down and create your own form and then use a calculator to figure each employee’s taxes, the right template can make this whole task just a little easier. If you are planning to use a template, you will find that there are plenty of places online where you can download them for free and most of them will work for your needs.
The most important thing that you must remember is that any template you use must have places for your company name and address as well as that of your employees. This must be followed by a line for the hours they have worked (one line for regular hours and one for overtime) and their rates of pay. You must have lines that show all deductions such as taxes, insurance and retirement account payment and anything else that you are withholding from the employee’s check. The bottom line must show their net pay.
While you should have no problem finding a free pay stub template for Word online, you do need to make sure that it will work with version of Word you are using and that it meets with any state and local laws covering pay stubs.