It is common for employers to create paychecks online. But, many self-employed people have a doubt – can we make our own check stubs? And the answer is yes! Why not?!
No matter if you’re a firm or a freelancer, it is perfectly legal for you to create your own pay stubs. It can be achieved with a paystub maker. Most organizations as well as self-employed entities have already switched to this latest, advanced, instant & cost-effective way of making paychecks. In case you have not made it yet then you’re surely missing out.
Before we begin, we would like to discuss the basics & then proceed to how you can make your paychecks (for employees as well as contractors).
What are Check Stubs?
Call it a check stub, paycheck, paystub, stub, or simply digital payroll, they mean the same. A check stub is nothing but a statement reflecting your salary details or wage information in depth. It is provided to employees as well as contractors. Self-employed people are provided with a paycheck by the firm they work for. In case they want to record their monthly income then they can make a paystub by themselves too.
In other words, a check stub shows a complete breakdown of your earnings & deductions along with the net pay you receive in hand. It has everything you can keep as a record of your income. This income statement can then be produced for requesting a loan, a house on rent, or any credit facility.
Do you know?
✔️ Some states in the US are stub-free. This means these states don’t require paystubs and they are Alabama, Arkansas, Georgia & Florida.
✔️ On the other hand, states like Alaska, Arizona, Idaho & New York compel them.
✔️ Surprisingly, states like California, Colorado, Connecticut & Massachusetts require physical/written paychecks.
How to Make Check Stubs Online?
If this has to be answered a decade ago, we would say you either handle it with your accountant, hire one on your premises, or do it yourself Thankfully, we now have online paystub makers to get the job done.
Though the traditional system is the inspiration for the automated one, the latter is far more convenient, time-saver & cost-effective too. It would be impossible to create a paycheck on your own some 10 years back. But now, you can make it even in the middle of the night or while in your car on the way back home. Is this feasible?
The very first thing you need is to find an efficient paystub creator. You also have stub creator software but they’re less preferred over online stub maker. The user interface is so easy-breezy that you have to enter the basic details required and the stub will be generated in minutes. Most stub creators require users to enter details like:
✔️ Basic information about the employer/firm
✔️ The employee’s basic information
✔️ Pay details
The rest of the calculations like tax (federal and state tax), bonuses or additions, and other deductions will be auto-calculated by the stub maker. You’ll have these data customized according to the state you’ve selected. Please find that each paycheck is custom-made and tailored according to the user’s needs. If you have employees as well as part-time contractors then the same paycheck generator can make both kinds of paystubs. How cool!
How to make check stubs free?
The best way to create a paystub for free is to have an online stub generator by your side. And guess what! You can get started with us right here & right now. No wonder if you’re an employer, an HR manager, or a self-employed individual, you can get started with just a few essential details by your side. Also, any number of paychecks can be created within a few minutes and on a low-key budget.
One of the major concerns while making paychecks online is accuracy. And don’t you worry about that! We have you covered with a professionally approved and fully automated paystub calculator tool. All the details will be processed in a jiffy and your net pay will be displayed instantly. Once you pay for the same, the paystub will be sent via email. Tada! You have your paycheck dispatched to your employee or self immediately.
Have you tried a faster, error-free & affordable Paystub Generator yet? If not, experience it with us today!
Create your stub now