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What is the difference between paycheck and Payslip?

  
Total Answers and Comments: 1 Last Update: March 29, 2008     Asked by: Remasri 
  
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March 29, 2008 22:20:49   #1  
dbmalipatil Member Since: March 2008   Contribution: 6    

RE: What is the difference between paycheck and Payslip?
Paycheck - this is the method by which the Employee is paid (A Bank Check/Cheque or Direct Deposit to Bank)

Payslip - Also called as Pay Stub is the paper which will typically detail the gross income and all taxes and any other deductions such as retirement plan contributions insurances garnishments or charitable contributions taken out of the gross amount to arrive at the final net amount of the pay also including the year to date totals in some circumstances.

 
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Latest Answer : Paycheck - this is the method by which the Employee is paid (A Bank Check/Cheque or Direct Deposit to Bank)Payslip - Also called as Pay Stub is the paper which will typically detail the gross income and all taxes and any other deductions such as retirement ...
Read Answers (1) | Asked by : Remasri


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