A payslip is a document that is provided to an employee along with their pay. It provides details of the pay that the employee has received, including the gross pay, any deductions that have been made, and the net pay that the employee has received. A payslip typically includes the following information:
Employee name and employee number
Pay period (e.g. the dates of the pay period)
Gross pay (the total amount of pay before any deductions are made)
Deductions (e.g. taxes, health insurance, 401(k) contributions)
Net pay (the amount of pay that the employee receives after deductions have been made)
Year-to-date totals for gross pay, deductions, and net pay