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In this video, Hector Garcia, a CPA and QuickBooks consultant, explains pay stubs, detailing their purpose and content. Pay stubs provide an overview of employees' paychecks for each pay period and usually accompany physical checks, though many employers now offer direct deposit and electronic versions. They are essential for keeping employees informed about their earnings and help them understand their pay clearly. Hector emphasizes his partnership with Intuit QuickBooks to create this video series, covering payroll and related topics for small businesses, inviting viewers to engage with more content on accounting and taxation.