A pay stub, payslip, or paycheck stub are all the same thing. It is a document that itemizes how much employees are paid for the pay period and year-to-date total. To be precise, it shows the total earnings for the pay period, deductions, taxes, and net pay after deductions.
Pay stubs can be helpful in several ways. The financial information in it could help verify your taxes and types of contributions. Also, you can show paystubs as proof of income letter for loans or rentals and for calculating and verifying your year-end taxes.
A pay stub will have basic information like the company name, employee details, social security number (SSN), and work location. In addition to these, here are a few fields that are mostly included on a pay stub:
202 E Main St,
Rock Hill, SC 29730.