A payslip template is a document which is provided to an employee when he or she is being paid his or her salary for a month. This slip includes a description of his or her salary, like what his or her total earnings 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…