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In this video, Hector Garcia, a CPA and QuickBooks consultant, discusses pay stubs, their purpose, and essential information contained within them. Pay stubs provide details about employees' paycheck for each pay period and usually accompany physical checks; however, many employers now offer direct deposit and provide them electronically for a paperless experience. Pay stubs are crucial for keeping employees informed and offering a clear understanding of their earnings. Hector encourages viewers to engage with more content on QuickBooks and payroll topics through his YouTube channel.