However, they can both be fully customized in versions of Microsoft Office® that are equal to or higher than the 2007 version. Both of these salary slip formats were created using Microsoft Office® 2007. Once finished, it can be printed out in no time flat. This particular format is also user-friendly and can be completely customized using Microsoft Word®. The second salary slip format is laid out vertically and contains most of the same information. In addition, it also calculates the total salary and enables you to completely customize it by using Microsoft Excel® according to your needs. All in all, this particular format is very basic in nature. At the bottom of this slip is the payment information for both check and direct deposit. At the bottom of these columns is listed the total net salary that the employee will receive. The deductions are rather self-explanatory, as this list shows how much money is withheld due to state and local taxes, as well as and charitable organizations the employee may have wishes certain amounts of money be set aside for.

Following this is a list of earnings, which includes bonuses, overtime pay, and incentive pay. Also stated is the employee’s social security number as well as the method in which they receive their payment for work performed (direct deposit, check, or cash). This is then followed by the employee’s name, address, identification, and contact. Do not worry though because you can easily find editable payslip template South Africa that you can adjust accordingly to create a unique payslip for your employees.The first salary slip format is laid out horizontally, with the necessary information regarding the company in the top left hand corner. However, for big firms, excel spreadsheets might prove unreliable. For small businesses, an excel spreadsheet gets the job done quite well. May-21 Employee Name Total Working Days Employee ID LOP Days Designation Paid Days Department, Bank Name Date of Joining Bank A/c No UAN Earnings. It is important for you to choose a system, as an employer, that will take into account employee information, time worked (in hours), payroll payments and all the necessary calculations. Others have an integrated pay slip creation system that combines payroll spreadsheet, net employee pay, and tax withholding estimates. Most employers go to paycheck calculator for calculations on tax withholding estimates among other calculations. One of these regulations includes calculating the right taxes. Just like the contract for employment, there are many laws and regulations involved with creating the right payslip. South African payslip template doc is an important modelling doc that allows you to create the perfect payslip for your employees.

Salary slip format in word