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YTD Net Pay: Amount of total net pay earnings from the first of the calendar year up to and including the pay stub’s pay period Check Number: The check number for the specific payment Gross Pay ...
An example of a payslip from the John Lewis Partnership, showing gross salary, tax and National Insurance paid and yearly bonus entitlement, among other things. A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered.
Gross pay, also known as gross income, is the total payment that an employee earns before any deductions or taxes are taken out. [6] For employees that are hourly, gross pay is calculated when the rate of hourly pay is multiplied by the total number of regular hours worked.
Very few employees check their pay stubs, yet understanding the information on the stub is important for personal finance management, said Sean Fox, president of debt resolutions at Achieve.
If the template has a separate documentation page (usually called "Template:template name/doc"), add [[Category:United States stub templates]] to the <includeonly> section at the bottom of that page.
The payroll module automates the pay process by gathering data on employee time and attendance, calculating various deductions and taxes, and generating periodic pay cheques and employee tax reports. Data is generally fed from human resources and timekeeping modules to calculate automatic deposit and manual cheque writing capabilities.
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