When an employee joins a new company, at his first exciting week he didn’t give Importance to pay stubs and paychecks. But it’s necessary to check it routinely.
It cannot be ignored. At the beginning, some employees may not even open the envelopes their pay stubs and paychecks are sent in these envelopes or bother to get online and check digital pay stubs. But this is really a big mistake.
Before knowing about why do employees need to read their pay stubs weekly. Firstly, We need to know about How to Activate ViewMyPaycheck. After knowing why it is necessary to understand the pay stubs and pay check then, you have to first activate your View My Paycheck option in your Quickbooks.
Also learn how to record employee retention credit in quickbooks.
How to activate ViewMyPaycheck in Quickbooks?
To activate your ViewMyPaycheck in Quickbooks,there are some steps which you have to follow to activate this useful feature in Quickbooks. Here we provide the link where you can read about How To activate your ViewMyPaycheck. by clicking on this link. After activating in your Quickbooks this feature, you are able to read about your pay stubs and paycheck details With fully automated via secure access. You can check your paychecks online with internet access ViewMyPaycheck is just like an online web portal which provides the feature to check your pay stubs and payment details on every payrolls.
Why it’s Important to read Pay stubs every time when employees get paid?
Here are some of the reasons:
Taxes & Withholdings:
To confirm all the information is correct on every pay slip is one of the main reasons employees should check them. Employees need to confirm their name, address, pay rates Taxes and social security number and other information. It’s essential to check on time otherwise it might be too late to get it fixed. Your just review on this can make this right away and save your headaches later and worse. Because with any small math miscalculation in taxes will make you unsatisfied with your tax number and may be uncertain tax rates will be deducted from account. if there’s an error, you can’t ask for taxes back once they’ve been submitted. Therefore, you have to ensure your all tax rates and all other information by activate ViewMyPaycheck feature in your Quickbooks.
Paid Time Off :
Employees have to note their leaves which they take throughout the year. They have to matches their actual leaves with what’s on the pay stubs.
Benefits & Deductions:
Employees need to check their benefits and deductions on their pay stubs. Sometimes it happens that you haven’t gone to the doctor and didn’t take any medical treatment from there. But a medical deduction will be shown on your pay stub. So employees should have to confirm that it may be calculated by mistake. And sometimes benefits are included on pay stub. It means you are not awake with your company benefits properly you have to enroll them.
Hours Worked:
Employees working on an hourly basis. They should have to note their hours and compare their record with the details on their pay stubs every pay period.
