If you’ve ever manually created pay stubs before, you know it can be confusing and tedious. Not to mention there is high room for error when you have to handle all of the payroll calculations and deductions on your own. Nonetheless, pay stubs are important documents that both employers and employees need for a variety of reasons. Thus, employers have a responsibility to provide their employees with accurate and professional pay stubs but, creating them manually doesn’t have to be their only option. Whether you are self-employed, own a small business, or run a large corporation, you could benefit from using an online pay stub generator.
Online pay stub generators help to simplify and reduce the workload of creating pay stubs. All of the issues that are often caused by creating pay stubs manually and paying your employees can be eliminated with the help of an online pay stub service. When you create your pay stubs online, you will be able to create error-free pay stubs effectively and efficiently.
What is a Pay Stub and Why Do You Need Them?
A paystub is essentially a part of a paycheck that lists details about your pay. Your pay stub will itemize any wages earned for a specific pay period and year-to-date totals. It will also show any taxes and other deductions withheld from an employee’s earnings.
Pay Stubs are important and useful documents for several reasons. First off, having accurate pay stubs will ensure you are being paid correctly and on time. Oftentimes, when doing something such as buying a home, you will need accurate documentation of your pay stubs to show your proof of income. Along with proof of income, pay stubs will also include valuable information you will need when filing your taxes.
There are several reasons as to why your business could benefit greatly from using an online pay stub generator, but here’s just a few:
It’s Quick and Convenient
With an online pay stub generator, the entire payroll process will be simplified. From creating your pay stubs to distributing them to your employees you will save loads of time with an online pay stub creator.
When you generate your paystubs online, you can pay your employees right away without having to create checks, distribute them to employees, and make a trip to the bank. Online pay
stub generators will ensure that employees get their pay stubs on time, every time. There’s no need to stress about payday anymore when you create your pay stubs online.
Having your pay stubs stored securely online is another huge benefit of generating pay stubs online. It is much more convenient for both employers and employees to have a record of their pay stubs stored online rather than hundreds of different paper copies. This also allows employees to view their pay stubs whenever, and wherever.
Don’t waste any more time manually creating pay stubs. Instead, save time by using an online pay stub generator and focus on what’s important; your business.
Errors are Eliminated
Unless you are a certified CPA, handling your pay stub calculations can get confusing. When you use an online pay stub generator, human error is eliminated from the equation with automatic and accurate payroll calculations. Online pay stub generators remove the uncertainty out of calculating tax withholdings by using their intuitive software to handle the calculations automatically.
All you have to do is enter in the appropriate information such as wages, hours, addresses, company details, and your pay stub generator will figure out all of your calculations and deductions based on what you’ve provided. With an online pay stub creator, the calculation process of generating pay stubs is smooth and trustworthy. So, instead of wasting time on pay stub corrections or handling employee complaints, you can focus on your business.
Pay Stubs are Easily Customizable
An important benefit of generating your pay stubs online is that you can personalize your templates to fit the exact needs of your business. Online pay stub generators allow you to choose from a variety of professional pay stub templates and customize the templates with relevant information for your business, such as your company logo. Having a template that you can adhere to and suits all the needs of your business will make creating your pay stubs that much more convenient.
Even if you only have to create pay stubs for five employees, the process can be extremely time-consuming. All of the pay stubs you create will need to include different information and calculations and making all of these edits on paper can be overwhelming. Online pay stub generators make it simple to add information on different pay stubs such as last Year to Date
(YTD) values, any additional income or deductions, Federal Unemployment Taxes, and State Unemployment taxes if required.
Having a convenient way to fully customize your employees’ pay stubs with the exact information that is needed will save you time and ensure that you are providing your employees with valid pay stubs.
Generate Pay Stubs in Minutes
With an online paystub generator, employers can take back control of their payroll. 123PayStubs is an easy-to-use online pay stub generator that helps employers create professional and accurate pay stubs in a matter of minutes.
