*UPDATE: New Payslip Template*
Here’s a screenshot of what PayrollHero’s payslip looks like:
- Employee Details
- Pay period (Cut off dates) and Pay Out Date
- Payroll Details
| Employee Type – Position – Compensation Level
| Monthly Pay (How to compute the monthly rate)
| Daily Rate (How to compute the daily rate)
- Base Pay
– This is your half a month salary.
– If the employee’s pay mode is set to MONTHLY, total hours worked will NOT show up under the “Hours” column.
– If the employee’s pay mode is set to HOURLY, total hours worked will show under the “Hours” column.
- Gross Breakdown
Here’s what it would look like for overtime:
– Overtime will show as “Regular Overtime Worked” which gives off 125% with the correct hourly rate.And here’s how it looks like with holidays and holiday overtime:
- Hourly Rate
– Hourly rate of each payroll item.
– You can learn more about this on our support article her – How to compute the hourly rate.
– Hours for each payroll item
– Hours that shows up in this column are also in units.
– For example, if the hours show as “1.42 h”, .42 is not 42 minutes.
– If you multiple .42 x 60 minutes that is 25.2 minutes
– Equivalent amount for each payroll item
– Any allowances added on the employee profile shows up on this area.
– If another specific payment like Adjustments, Bonuses, and Advances are created on the employee profile, it will also show up on this area with a specific category name like the “Allowances” you see on top.
– Loans will show up under “Deductions”
– Loan deduction will show up under “Curr. Amounts”
– Loan balance will show up under “Acc. amounts” as accumulated loans per cut off.
– This is where you’ll see the Government Deductions
– Any type of deduction will show up here.
- Current Amounts
– Deductions per payroll
- Accumulated Amounts
– Year to date accumulated amount for each deduction/contributions.
- Current Payroll Summary
- Accumulat Payroll Summary
- NET PAY
- PDF Settings
– Hover your mouse pointer at the bottom right corner to Zoom in/out the payslip or SAVE and PRINT.
And that’s what the payslip looks like on PayrollHero 🙂
If you have any questions, feel free to email us at firstname.lastname@example.org