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In this video, Hector Garcia, a CPA and QuickBooks consultant, discusses pay stubs, highlighting their importance and content. Pay stubs provide detailed information about employees' paychecks for each pay period. While they traditionally accompany physical checks, most employers now offer direct deposit and make pay stubs available electronically, facilitating a paperless process. Pay stubs are crucial as they keep employees informed and provide a clear picture of their earnings, deductions, and other payroll details. Hector invites viewers to engage with his content for more insights on QuickBooks and payroll topics.