If you’ve ever applied for a mortgage or tried to rent an apartment, you’ve probably asked: “How do I show proof of employment when I’m self-employed?”.
You may end up feeling lost and confused every time someone new asks for these documents. After all, nobody taught you this at school.
Sound familiar?
Proving that your business isn’t a hobby can be frustrating, but doesn’t need to be. One way you can do this is by using a pay stub generator.
While you can manually create financial charts and show bank statements, these are time-consuming. In this guide, you’ll find out how to easily show proof of employment.
1. Find a Supplier
You’ll find a variety of pay stub generators online. However, you must do a little more research and ensure the service you choose fits the demands of whoever is asking for your proof of employment.
The pay stub supplier you use should create documents that fit requirements for wherever you live. Look for services that make your pay stubs instantly too.
Templates also need to look professional, and therefore must be customizable. Check reviews to see what others think, and contact customer support if you have any questions.
2. Gather Documents
Once you’ve picked a supplier, you’re ready to collect any documents you’ll need to create your paycheck stub.
Gather all payment invoices you’ve received for the last 12 months, as well as receipts for any expenses — such as buying equipment.
You will also need to show how much tax you’ve paid this year.
3. Submit Your Information
You’ll need your company name to show proof of employment and should also include your business address. Include your contact details, social security number, and a logo too.
As well as company information, you’ll also need to include information about yourself and how much you’ve earned.
Before creating the document, check and ensure that all details are correct.
4. Download and Print
You should receive your pay stub instantly, but this might differ depending on the company you’ve chosen.
Once you’ve received your PDF document, download and print everything.
5. Show Your Proof of Employment
Next time you need to show a landlord or bank proof of employment, you now know how to.
Though you shouldn’t have any further problems, you can bring copies of bank statements and individual invoices if they want additional evidence.
Showing Proof of Employment Doesn’t Have to Be Hard
Now you know how to show proof of employment, even if you don’t have a ‘traditional’ employer.
Most banks and landlords want proof that you can support yourself financially. They don’t care too much if that’s through a full-time job or self-employment.
Since you employ yourself, you just need to create company documents showcasing the salary you paid.
We hope you found this article useful and now know how to show proof of employment as a business owner. We’ve got more posts related to running a business from home, so be sure to check those out too.
