A paystub, also known as a paycheck stub or salary stub, is a document that shows an employee's earnings, taxes, and deductions during a pay period. It is essential for keeping track of one's finances and verifying accurate payment by an employer. A similar term that is frequently used for paystub is the pay slip, which refers to the same document issued to an employee by an employer after remitting their payment for the work done. An earning statement is also a synonym for paystub that shows an employee's earnings and deductions for a specific period. Lastly, a wage statement or pay advice serves the same purpose and is often used interchangeably with the term paystub.