Homepage Fillable Payroll Check Template

File Details

Fact Name Description
Definition A Payroll Check form is a document used by employers to pay employees for their work, detailing the amount earned and deductions made.
Purpose It serves as a record of payment, providing transparency and accountability for both the employer and employee.
Components The form typically includes the employee's name, pay period, gross pay, deductions, and net pay.
Legal Requirements Employers must comply with federal and state laws regarding payroll documentation, including the Fair Labor Standards Act (FLSA).
State-Specific Forms Some states require specific payroll forms; for example, California mandates compliance with the California Labor Code.
Record Keeping Employers are generally required to keep payroll records for a minimum of three years, depending on state laws.
Tax Implications Payroll checks must reflect accurate tax withholdings, including federal, state, and local taxes, as per IRS guidelines.
Distribution Methods Payroll checks can be distributed via direct deposit, physical checks, or payroll cards, depending on employer policy.

Sample - Payroll Check Form

EMPLOYEE PAYCHECK, PAYCHECK STUB, AND BANK DEPOSIT SLIP EXAMPLE

To be used with Personal Finance / Task 6: Elements of Your Paycheck and Paycheck Stub, and Depositing Your Paycheck into Your Bank Account

EXAMPLE OF A PAYROLL CHECK AND PAYROLL CHECK STUB

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ABC VE Firm

 

 

 

 

 

 

 

 

Check #:

 

123

 

 

 

 

Payroll Account

 

 

 

 

 

 

Date: November 1, 20XX

 

 

 

 

 

 

 

 

 

 

 

 

 

Pay to the order of

 

Ima Student

 

 

 

 

 

 

$1,403.56

 

 

 

 

One-thousand, four-hundred, three dollars and 56/100 Dollars ————————————————————————-

 

 

 

 

 

 

Memo: PPE October 31, 20XX

 

Cash Isking

 

 

 

 

 

 

 

 

 

 

Chief Financial Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Detach check above before depositing and save checkstub below for your records.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ABC VE FIRM

 

 

 

 

 

 

 

 

Check #:

 

123

 

 

 

 

 

 

 

 

 

 

Date: November 1, 20XX

 

Employee: Ima Student

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pay Period: October 16 - 31, 20XX

 

 

 

Current

 

 

 

YTD

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Earnings

 

 

$1,680.00

 

$18,480.00

 

 

 

 

 

 

 

 

Deductions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal Income Tax

$141.38

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Social Security (FICA)

70.56

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Medicare

24.36

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State (CA) Income Tax

23.34

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State Disability Insurance (SDI)

16.80

 

$276.44

 

$3,040.84

 

 

 

 

 

 

 

 

Net Pay

 

 

$1,403.56

 

$15,439.16

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BACK OF PAYCHECK

 

 

 

 

 

ENDORSE HERE

 

Recipient’s signature

 

 

 

DO NOT WRITE, STAMP OR SIGN BELOW THIS LINE

 

 

 

 

 

 

 

List amount of each item that

 

 

 

is being depositing. Checks

 

 

BANK DEPOSIT SLIP

are entered separately; do

 

 

not combine.

 

 

 

 

 

 

Customer’s name

 

 

 

 

 

 

DEPOSIT SLIP

 

 

 

 

 

 

dollars

cents

 

Customer’s account #

NAME

CASH

 

.

 

 

 

 

Current date

ACCOUNT #

CHECKS

 

.

 

 

 

 

 

 

 

DATE

 

 

.

 

 

 

 

 

 

Customer’s Signature

 

 

 

.

 

 

 

 

 

 

 

SIGNATURE:

 

 

.

Sum of items to

 

 

Subtotal

 

.

be deposited

 

 

 

 

Less Cash

.

Cash that you

 

 

want back

TOTAL

.

 

Total amount being deposited into your account

Common mistakes

Filling out a Payroll Check form can seem straightforward, but many people make common mistakes that can lead to complications. One frequent error is not including the correct employee identification number. This number is crucial for accurately processing payroll and ensuring that taxes are withheld appropriately. Without it, delays in payment may occur.

Another mistake is failing to specify the pay period. Each paycheck should clearly indicate the start and end dates of the period for which the employee is being paid. Omitting this information can create confusion and lead to disputes about pay amounts.

Some individuals neglect to double-check the hours worked. It is essential to record the exact number of hours an employee has worked during the pay period. Miscalculating hours can result in underpayment or overpayment, which can complicate future payroll processing.

Not accounting for deductions is another common oversight. Employees may have various deductions such as taxes, health insurance, or retirement contributions. Failing to list these deductions accurately can lead to incorrect net pay amounts.

Using the wrong pay rate can also cause issues. Whether an employee is hourly or salaried, the correct rate must be applied to ensure proper compensation. Errors in this area can affect employee morale and trust in the payroll system.

Some people forget to sign the Payroll Check form. A signature is often required to validate the document. Without it, the check may not be honored by the bank, causing unnecessary delays for the employee.

Another common mistake is not keeping a copy of the completed form. It is wise to maintain records for future reference. Without documentation, it can be challenging to resolve any discrepancies that may arise later.

Inaccurate dates can also pose a problem. Each Payroll Check form should have the correct date of issuance. Incorrect dates can lead to confusion about when payment was made and may impact tax reporting.

Lastly, failing to communicate changes can create issues. If an employee has a change in their personal information, such as a name or address, it is vital to update the Payroll Check form accordingly. Neglecting to do so can result in misdirected payments or tax complications.