ProfitED Tools
Understand
Know where your paycheque went.
Grab a real pay stub and type the numbers you see. Gross becomes net, one line at a time.
Northstar Co.
Statement of earnings
Pay period
Aug 1 – Aug 15
Earnings
$
Deductions
$
$
$
$
Total deductions−$0.00
Net pay$0.00
Sample employer and pay period are fictional. Every dollar figure above is what you typed.
Gross to net
Grab a pay stub and enter the numbers you see.
Start with gross pay — the amount before anything was taken off — then copy each deduction line.
Every line on a stub has a reason behind it. The lesson walks through what each deduction is actually paying for.
Learn how your first paycheque worksSaved on this device only. This is a decoder, not a payroll calculator — it never estimates what your tax, CPP or EI should be. Those depend on your personal and payroll situation; always use the figures on your own stub.