Some basic Pay-Stubs terminology - PowerPoint PPT Presentation

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Some basic Pay-Stubs terminology

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Learn the basic You-Should-Know about Paystub – PowerPoint PPT presentation

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Title: Some basic Pay-Stubs terminology


1
Pay-stubs Terminology
2
  • A pay stub also known as a paycheck stub or pay
    slip is a document, which is generally given to
    the employees along with their paycheck attached
    to it on their payday.

3
Some Paystubs Terminology
4
Gross Pay
  • Gross pay is the amount of money your employees
    receive before any taxes and deductions are taken
    out

5
YTD Year-To-Date
Year-to-date (YTD) is a period, starting from the
beginning of the current year (either the
calendar year or fiscal year) and continuing up
to the present day.
6
REG Regular-Hour Worked
  • As the name suggest, it include the number of
    hours the employee has worked.

7
FICA
  • FICA is short for Federal Insurance Contributions
    Act a United States federal payroll contribution
    directed towards both employees and employers to
    fund Social Security

8
THANKS!
  • Any questions?
  • You can contact at
  • https//www.pay-stubs.com/
  • info_at_pay-stubs.com
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