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How to Manage Employee Pay Stub

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In this video, Hector Garcia, a CPA and QuickBooks consultant, explains what pay stubs are and the information they contain. Pay stubs detail each employee's paycheck for a specific period and usually accompany physical paychecks, though many employers now provide them electronically alongside direct deposits, creating a paperless process. They are important for keeping employees informed about their earnings and help them understand their gross pay, deductions, and net pay. Garcia encourages viewers to like the video if they are interested in more content related to QuickBooks, accounting, tax, and small business topics.

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How can I access my pay stubs online?

Through your employee website Find out where you can search for your pay stubs online. Ask your manager or the human resources department where you can locate them electronically. Typically, companies who house them electronically have them on a payroll service website which requires an employee login and password.

How do you manage employee payroll?

Regardless of how an employer chooses to manage payroll, there are several basic steps that apply to most methods: Collect and update employee data. Calculate gross pay. Calculate net pay. Determine employer payroll tax contributions. Keep accurate payroll records. Pay employees. Pay government agencies and benefit providers.

How can I improve my payroll skills?

Here are 7 Payroll skills /tips you might want to consider that can help you gain that all-important payroll promotion! Getting a Recognised Payroll Qualification. Commit to Payroll Training. Gain Team Management / Supervisory Experience. Develop your Payroll Profile Network. Gain Software Implementation Experience.

Can I manage my own payroll?

If youre not sure how to do payroll yourself, use payroll software that reduces the risk of errors or fines. Many payroll processing services, like Square Payroll, handle your payroll taxes, filings, new hire reporting for you, and allow you to complete payroll online.

How do small businesses keep track of payroll?

A federal employer identification number, commonly called an EIN, is a number the IRS uses to identify and track your businesss payroll tax payments and forms. Its like a Social Security number for your business. If youre running payroll, youre required to get an EIN. Luckily, getting an EIN is free and easy.

What happens if your employer doesnt give you a pay stub?

If an employer willfully fails to provide a wage statement or the employer fails to provide an accurate and complete wage statement, the employee may be able to seek damages from the employer for each wage statement violation. Exempt employees are employees who are exempt from Californias wage and hour laws.

How do you organize payroll process?

How to process payroll Step 1: Establish your employer identification number. Step 2: Collect relevant employee tax information. Step 3: Choose a payroll schedule. Step 4: Calculate gross pay. Step 5: Determine each employees deductions. Step 6: Calculate net pay, and pay your employees.

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Manage Employee Pay Stub