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Timesheet vs. Payslip — What's the Difference?

Timesheet vs. Payslip — What's the Difference?

Difference Between Timesheet and Payslip

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Timesheet

A timesheet (or time sheet) is a method for recording the amount of a worker's time spent on each job. Traditionally a sheet of paper with the data arranged in tabular format, a timesheet is now often a digital document or spreadsheet.

Payslip

A note given to an employee when they have been paid, detailing the amount of pay given, and the tax and insurance deducted.

Timesheet

A document that allows for the recording of hours worked on various tasks that is used as input for payroll, project accounting or client billing processes.

Payslip

A small document, included with an employee's wage or salary, giving details of money earned and tax and insurance paid.

Payslip

A slip of paper included with a person's salary payment, that records how much money the person has earned and how much tax or insurance etc. has been taken out.
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Payslip

A slip of paper included with your pay that records how much money you have earned and how much tax or insurance etc. has been taken out

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