What is the difference between paycheck and Payslip?

Questions by Remasri   answers by Remasri

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dbmalipatil

  • Mar 29th, 2008
 

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.

bukar ngala

  • Nov 17th, 2012
 

between payroll and payslip

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ROHIT KUMAR

  • Dec 8th, 2012
 

The pay check is particular name by check & the pay slip is the worker have earned the monthly salary for show the cashier & collect the cash

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ANU

  • Jun 13th, 2014
 

pay check is a mode of payment.

Payslip is a report given to the employee which inform him of income, deduction and net pay.

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