The payslip template prepared in MS Excel is used as a key element for getting awareness about salary amount including all deductions. So, people essentially get a payslip along with the salary to prevent them from any type of obligation. Different organizations prepare different payslip formats for their employees to provide them with legal proof of their salary along with the payment. Moreover, it provides brief information about employees, like name, date of birth, identity card number and other crucial details which are helpful to prevent them from losing of a payslip.