u/Unique-Junket-5729

What are you using for paystubs?

Hey everyone,

I run a small business, about 6 employees plus a couple of 1099 contractors. We're not big enough to justify a full payroll software like Gusto or ADP yet, but I still need to hand my team proper pay stubs every cycle. Banks ask for them when guys apply for car loans, landlords ask for them, and tax time gets messy without them.

For the last few months I've been using thepaystubs.com to generate stubs and honestly it has been pretty smooth. Templates look professional, the math is done automatically, takes me maybe two minutes per employee, and the support team actually replied when I had a question about a deduction code. No complaints so far.

That said, I don't want to put all my eggs in one basket without knowing what else is out there. Before I make this my permanent setup, I figured I'd ask the people who've been doing this longer than me.

A few things I'm wondering:

  1. Has anyone here tried other paystub generators they'd recommend?
  2. Anything I should be watching out for, legal or otherwise, when generating stubs in house?
  3. For those who run a similar sized team, what's your full payroll setup look like?

Not trying to start a brand war, just want honest input from owners who've been in the same spot. Appreciate any thoughts.

reddit.com
u/Unique-Junket-5729 — 7 days ago

Genuine question. Every firm posts their own stats and we just take their word for it. I'd love to see FTMO, FundedNext, TopStep, and the rest of the big names put their numbers in front of a real auditor like Hola Prime did. Not because I don't trust them, but because trust without proof is just hope.

reddit.com
u/Unique-Junket-5729 — 23 days ago

Just came across this and thought it was worth sharing. So Hola Prime actually got their numbers audited by Deloitte. Not some internal dashboard, nor some blockchain tracker. A proper Big Four auditing their numbers which makes me wonder if FTMO or others have the balls to share their audits publicly.

What caught my attention is the 98.35% of withdrawals were processed within their marketed one hour target. if this is actually true, not bad considering its a win for traders that we get some level of transparency. I would expect other firms to follow.

Can anyone tell me if other firms are doing the same?

source: https://www.financemagnates.com/forex/analysis/hola-prime-brings-in-deloitte-to-audit-payouts-as-trust-gap-widens-across-prop-firms/

https://preview.redd.it/1txtlnfcbqxg1.png?width=1140&format=png&auto=webp&s=a953b2c0d46f7ee917eb776339f7fea6a5b64e8a

reddit.com
u/Unique-Junket-5729 — 25 days ago