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Printable Pay Stubs: Perfect for the Small Business Owner

Are you a small business owner looking for an economical way to create and issue pay stubs to your employees? Have you heard about some of the online sites where you can create on-demand printable pay stubs? In these dismal economic times every penny counts, but as a business owner, despite how many employees you may have on your rolls, you still need to adhere to the some of the more vital conventions of doing business, one of which is to issue pay stubs to your employees for each pay period they work. Our goal in this article is to make this process a bit easier and a little more cost-effective for you, as here we will review the topic of printable pay stubs in some detail, thus showing you how you can meet this crucial obligation each month while still saving a few bucks in the process.

Do I Have To Issue Pay Stubs?

While the rules tend to vary from state to state regarding the extent of an employer’s responsibility to his/her employees, generally the issuing of pay stubs for each period worked is considered a compulsory obligation. One of the reasons for this is that these stubs, which are usually included with an employee’s paycheck and include information such as gross and net earnings, taxes and other deductions, along with a running total of year-to-date earnings, are the employees sole proof of employment and earnings, and without this proof the employee may have a difficult time qualifying for credit when attempting to purchase a “big-ticket” item such as a house, car or boat.

Why Go with Printable Pay Stubs?

While it’s true that printable pay stubs are a good option for any size company, they are particularly appropriate for small businesses with just a handful of employees. To illustrate this point, consider this:

Before the advent of printable online pay stub templates, business owners would have no other alternative than to order these stubs in bulk and create each one individually for every person in their employ (In fact, that’s exactly what some businesses still do, despite some of the new technology). This is not only expensive and time consuming, it is also unnecessary. There are literally hundreds of business websites on the Internet that offer templates to simplify this task.

These templates come complete with the headings already pre-printed, so all you have to do is merely fill in the information specific to each employee. The template will then perform any necessary calculations, and when you’re finished you can save the pay stub for your records and print out a copy to issue to the employee. It really is that easy. Moreover, these simple steps can then be repeated for each person in your employ, and when the last record has been saved and printed, you can reset the template in preparation for the next pay period. This strategy of using printable pay stubs transforms a job that once was expensive and took hours to complete, into an inexpensive and manageable task that takes only a few minutes of your time each month.