A payslip template is a document which is provided to an employee when he/she is being paid his/her salary for a month. This slip includes a description of his/her salary, like what his/her total earning are, basic salary, allowances, bonuses if any, advances or deductions, contributions to any pension or insurance program etc. The date of payment and mode of payment are also mentioned with date and slip number. Moreover, it is very important for the employer and employee for many reasons. For instance, an employee can use it as proof of being employed in some organization and the employer…