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What is the difference between a pay statement and a pay stub?

A pay statement is a detailed record of an employee's earnings and deductions for a specific pay period, usually provided electronically. A pay stub is a physical document attached to a paycheck that shows the breakdown of earnings, deductions, and net pay for that pay period.


What is the difference between a pay stub and a pay statement?

A pay stub is a document that shows details of an employee's pay, such as earnings, deductions, and net pay for a specific pay period. A pay statement is a broader term that includes the pay stub but may also include additional information about taxes, benefits, and other financial details related to an employee's compensation.


What are the difference between Basic Salary and Net pay?

can u pls give me the difference between basic and net pay


What is the difference between gross and net on your check stub?

Gross is your total pay. The Net is what is left after all of the deductions. ie FICA, Fed Tax, State Tax, and any Medical Insurance you may have.


What is the difference between a pay stub and an earnings statement?

A pay stub is a document that shows details of an employee's pay, including deductions and net pay, for a specific pay period. An earnings statement, on the other hand, is a broader term that encompasses all forms of income earned by an individual, including wages, bonuses, and other sources of income.


What is the difference between an earning statement and a pay stub?

An earning statement provides a summary of an individual's total earnings over a specific period, including wages, bonuses, and deductions. A pay stub, on the other hand, is a detailed document that shows the breakdown of each paycheck, including taxes, deductions, and net pay.


What is the difference between a bank statement and a pay stub?

A bank statement shows all transactions in and out of your bank account, while a pay stub details your earnings and deductions from a specific pay period.


On a pay stub what is the difference between net pay and ytd net pay?

Net pay is the amount an employee takes home after all deductions, such as taxes and benefits, have been subtracted from their gross pay for a specific pay period. Year-to-date (YTD) net pay, on the other hand, represents the total net pay an employee has received from the beginning of the year up to the current pay period. Essentially, while net pay reflects earnings for a single pay period, YTD net pay provides a cumulative total for the year.


What is the difference between gross pay and net after tax incomes?

The difference between gross pay and net pay is that gross pay is the amount that you receive before tax deductions and pay net is the money you take home after all the tax deductions


What is expected to be the biggest amount on your pay stub?

Net income----- apex


How do you figure out how much you make by your net pay?

After getting your pay stub and calculating what you had taken out on taxes your remaining total is your net pay. Divide that amount by the amount of hours you work and that will be how much you make in net pay hourly.


What does a salary pay stub typically include?

A salary pay stub typically includes information such as the employee's gross pay, deductions for taxes and benefits, net pay (take-home pay), and details about the pay period and employer contributions.