How to Make Payslips for Employees: Getting It Right
For employees, there is something quite self-satisfying about getting their hands on the payslip at the end of the pay cycle. They see how much they’ve been paid, how much has been deposited into their superfund and they feel happy their hard work is paying off. For an employer, Employee payslips can be an administrative nightmare. If you’re working with the traditional mode of accounting, you are more than likely entering pay information manually, printing payslips out and then physically distributing them to employees. As it’s a legal requirement to provide employees with a payslip, it’s not something employers can sweep under the carpet and ‘get to’ when they can. Or when they have to. So how to make payslips for your employees and what can you do to streamline this part of the pay cycle? How can a business owner save time and money around a necessary administration procedure? When we work with clients on their payroll processing and more specifically the nitty gritty of e