Your Company Name & Address: The name and address of your company is usually displayed at the top of a pay stub in order to indicate the company that has provided the payment listed on the pay stub. There are 7 elements of a receipt that you should be aware of, some of which are necessary while others can be used for customization. Check out our other free payroll tools that can help you manage your business.Got questions about payroll and taxes? Check out The Ultimate Year-end Payroll Checklist.Wave’s small business payroll software comes with worry-free features such as automatic tax remittances, direct deposits into your employees’ bank accounts and automatic payroll journal entries.Make sure you’re compensating them properly and according to the tax guidelines where your business operates. Whether you hire full-time employees, contractors or freelancers makes a big difference when it comes to payroll.A lawyer can help you draft a contract if you have any questions as to what should be included. Contracts can outline everything from job descriptions and expected hours of work to the date of employment and salary details. Employee contracts aren’t a legal requirement, but they protect your employees and your business.Keep your records and documents in one place so you’re prepared for tax time.
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