Maintain centralized records of your payroll for each employee, a more formal and efficient record of payroll histories than check-stubs. Have immediate access to the record of each employee’s payroll history with your company.

• This one-page form allows you to record information about pay periods, check numbers, hours (and overtime, if any), and gross income
• It also provides a record of deductions in each pay period, for example income tax and social security, as well as a final (net) income for each employee for each pay period