Salary slip helps to maintain Salary of all the employees of the organization. A salary is a form of payment from an employer to an employee, which may be specified in an employment contract. It is contrasted with piece wages, where each job, hour, or other unit is paid separately, rather than on a periodic basis. From the point of view of running a business, salary can also be viewed as the cost of acquiring and retaining human resources for running operations, and is then termed personnel expense or salary expense. In accounting, salaries are recorded on payroll accounts.
A salary slip also known as pay slip and it is very important document that can let employee take control over salary function. Mostly it is provided to all employees by company or organization. Salary slip carries details about your earnings for any particular time period. Some get a salary slip every month, others every fortnight and many, every week.