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Payroll
(redirected from Paycheck stub)

   Also found in: Dictionary/thesaurus, Medical, Legal, Wikipedia 0.01 sec.
Payroll 

an accounting document designed for recording payments of wages to workers and to clerical and professional employees. It can be compiled for the enterprise or organization as a whole and for individual shops and sections, according to categories of employees, pay lists, or individual pay statements. In contrast to the other documents used in disbursing wages (pay lists or orders), the payroll gives only the employee’s identification number, surname, first name and patronymic, and the amount of take-home pay. The payroll form also contains a column for signatures acknowledging receipt of the money.



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When you apply for a mortgage loan with a lending company you will need to provide such things as the social security numbers of yourself and your spouse, information for the last 6 months from your savings or checking accounts, information on all other assets including bonds or stocks, paycheck stubs for proof of income, credit card information, outstanding loan information, two years income tax statements, and references for employment.
Consequently, the amounts shown on worker paycheck stubs for these taxes represent only half of what workers are effectively paying.
Don''t forget to bring outstanding bills, bank statements, and paycheck stubs from the last six months, mortgage and car loan information, as well as tax returns.
 
 
 
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