• Skip to main content
  • Skip to primary sidebar

Cade Hildreth

Everything You SHOULD'VE Been Taught in School.

MENUMENU
  • Blog
  • Real Estate
  • Finance
    • Investing
    • Increasing Income
    • Real Estate
    • Cryptocurrency
    • Gold and Silver
    • Financial Q&A
  • Health
    • Fitness
    • Nutrition
    • Confidence
    • LGBTQ+
  • Podcast
    • "What You Should've Been Taught"
    • Audio Feed of the Website
    • Ask a Podcast Question
  • About
    • Testimonials
    • About Cade
    • Rugby Bio
    • Instagram
    • Contact
You are here: Home / Exclude / 3 Reasons Why Your Business Should Create Check Stubs to Track Finances
3 Reasons Why Your Business Should Create Check Stubs to Track Finances

3 Reasons Why Your Business Should Create Check Stubs to Track Finances

November 3, 2020 By Cade's Team Leave a Comment

Pay stubs seem like a hassle in an increasingly paperless society. If you don’t mail checks to employees, generating pay stubs can feel like a waste of time during your payroll process.

You might have plenty of reasons not to deal with pay stubs. However, businesses small and large should consider these important financial documents. It’s easy to become unorganized and lose track of an employee’s details without a reliable way to generate paycheck stubs.

Why should your company create check stubs? Here are three critical reasons to make it part of your regular payroll process.

1. Itemization and Accountability

The easiest way for employees to track their year-to-date earnings, paid time off, and tax deductions is to place all of that information on pay stubs. Companies that make that information readily available when staff receive their payments can reduce the volume of questions and confusion about these important itemizations.

While an employee might not review that information every time they receive their paycheck, they know the details are always there. Plus, your payroll personnel can easily use this tool to double-check an employee’s tax rates and accrued time off.

Matching the information between an employee and the payroll team helps keep everyone accountable to accurately report pay raises or days used for vacations or sick time.

2. Reduce Errors and Save Time

Using a software system or generator to create check stubs reduces errors during payroll. You’ll also experience better accuracy when it’s time to prepare annual business taxes.

Instead of handwriting ledgers and paychecks, payroll is a more straightforward data entry process. Human error is inevitable when your business relies on a manual employee paycheck process. Generating payments from information saved in a secure system reduces the potential for mistakes.

With a database and the right software solution, the accuracy of paychecks and itemizations improves! When it’s time to prepare taxes, all payroll information is stored in the system and accurate. In case of an audit, the right pay stub system makes it easier to reference details and documentation from any point during the year.

Fewer Errors Save Time

Your payroll department becomes more efficient, too! Paystub generators make the payroll process quicker and more accurate. Instead of taking days to prepare payroll for every pay period, your accounting team can process this task more quickly. There’s no need to spend time fixing errors and redoing paychecks that can happen with a manual process.

3. Support Employees

Your employees also benefit from pay stubs. Renting an apartment, buying a home, processing year-end taxes, and qualifying for loans need income verification. With a readily-available paystub, you give employees what they need to handle common life situations.

Create Check Stubs to Improve Your Business

Producing paystubs doesn’t require mountains of paper anymore. Maintain paperless office operations when you create check stubs electronically. Save time, improve accuracy and efficiency, boost accountability, and maximize your resources, with the right paycheck generating service.

Was this information helpful? We hope you’ll browse more of our blogs.

5/5 - (1 vote)

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn

Filed Under: Exclude

About Cade's Team

Cade Hildreth is an LGBTQ+ entrepreneur, real estate investor, and former USA Rugby Player. Cade has founded 7-figure businesses, scaled websites to millions of views, acquired a portfolio of income-producing residential and commercial real estate assets, and played rugby worldwide.

As a world-class athlete, Cade has represented the USA Rugby Team, trained extensively at the Olympic Training Center, and played with elite squads from across New Zealand and Australia.

Often compared to Tim Ferriss and Ramit Sethi, Cade teaches millions to expand financially, while living an authentic and adventurous life.

Reader Interactions

Tell Us What You Think!Cancel reply

Primary Sidebar

  • Instagram
  • X
  • Facebook
  • LinkedIn
  • Pinterest
  • TikTok

“As an entrepreneur, real estate investor, and former USA Rugby Player, I’ll teach you what your parents and teachers should’ve taught you, but didn’t know themselves.” -Cade Hildreth

Ready to stay in touch? Subscribe here.

Or, listen to Cade’s articles on the go as a Podcast.

If you’re feeling sadness or anger or despair, a If you’re feeling sadness or anger or despair, ask yourself this question… 

If this messages resonated with you, please leave a ❤️ below because it’ll help the message reach more people, including those who might really need it… 🙏

#lgbtqia #lgbtqcommunity #trans
A few moments and miracles to balance the chaos ri A few moments and miracles to balance the chaos right now… 🤍

Also, two questions: 

1. Did I discover what you expected underneath the bed covers? Lol

2. Have you ever seen a Lunar Halo? They  are stunning and rare and are caused by tiny ice particles that act as a prism… 🌖🌙
Reminder: What you see on the surface often isn’ Reminder: What you see on the surface often isn’t what is being felt underneath. 💔

Erin and I are smiling in this photo, but only a few times in my life have I been so devastated, so heartbroken, so utterly and emotionally broken. 

When this photo was taken, we had recently had to say goodbye to our dearest, move beloved baby, Percy, who we had raised since adopting him at birth. He was our cherished companion, a therapy dog, and our beloved friend. 

The last photo was taken on our very last walk ever with him. 🐾👣🥺

This post is a reminder to be gentle with each other, because this human experience is extremely painful … and we’re all in it together. 🐶🌎❤️
Someone needs to tell Elon Musk that his hair tran Someone needs to tell Elon Musk that his hair transplant, hormone replacement therapy (supplemental testosterone), and cosmetic surgery (jawline) are all examples of gender-affirming care. 😂

This is his BEFORE and AFTER. 

Feel free to congratulate him on his transition below... ⬇️ 🎉🙌

#trans #transgender #genderexpression #genderidentity #genderfluid #nonbinary #mtf #ftm #lgbtqia #lgbtqiaplus
A flower blossoms for its own joy. —Oscar Wilde A flower blossoms for its own joy. —Oscar Wilde

As we approach January 20th, I believe our most important armor is joy. 

No one can take this simple and pure pleasure away with any legislation…or opinion…or action. 

In honor of this, what is one thing that brings you joy?
An incredible summary of your geographic options i An incredible summary of your geographic options if you’re inclined to move now or in the future. 🏳️‍🌈🏳️‍⚧️

It appreciate that it presents both domestic options, because some people will only need a minor state change to meet their needs while others may want greater change. 

Thanks @erininthemorning for compiling this and keeping our community informed!

Where are you currently living and do you feel safe with its (likely) protections and policies? 🌎

Let’s use our communal knowledge to help each other out… 🏡🩵

#lgbtqia #lgbtqiaplus #lgbtqcommunity #trans #nonbinary #transgender #queer
Follow on Instagram

Recent Posts

Master List of Real Estate Syndicators for 2025

How to make 6-figures

How to Make Six-Figures: 6 Skills You Can Teach Yourself

Salary negotiation tips

Salary Negotiation: How to Ask for More Money the Right Way

How to Invest with Very Little Money

13 Ways to Invest When You Have Very Little Money

Categories

  • Confidence
  • Cryptocurrency
  • Entrepreneurship
  • Exclude
  • Finance
  • Gender Series
  • Gold and Silver
  • Health
  • Increasing Income
  • Investing
  • LGBTQ+
  • Nutrition
  • Podcast
  • Real Estate

Ask a Podcast Question | Contact Us | Terms of Use | Privacy Policy

COPYRIGHT © 2019 · CADEHILDRETH.COM | PHONE: ‪(202) 660-4705‬  | 800 CORPORATE DRIVE, SUITE 301, STAFFORD, VA 22554, USA

 

*Disclaimer: Nothing on this site should be construed as medical, health, or financial advice. Before making any health decisions, you should consult with your doctor. Before making any financial decisions, you should consult with professional adviser, such as a financial planner or CPA.