The second salary slip format is laid out vertically and contains most of the same information. In addition, it also calculates the total salary and enables you to completely customize it by using Microsoft Excel® according to your needs.
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All in all, this particular format is very basic in nature. At the bottom of this slip is the payment information for both check and direct deposit. At the bottom of these columns is listed the total net salary that the employee will receive. The deductions are rather self-explanatory, as this list shows how much money is withheld due to state and local taxes, as well as and charitable organizations the employee may have wishes certain amounts of money be set aside for. Following this is a list of earnings, which includes bonuses, overtime pay, and incentive pay.
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Also stated is the employee’s social security number as well as the method in which they receive their payment for work performed (direct deposit, check, or cash). This is then followed by the employee’s name, address, identification, and contact. The first salary slip format is laid out horizontally, with the necessary information regarding the company in the top left hand corner.