Electric pay stubs include both replacements for traditional pay stubs and archived versions of pay stubs that the employer gave the employee. QuickBooks also includes tools for sending password-protected electronic pay stubs to employees.
A pay stub serves as an official document for both employers and employees that relays how much an employee worked and how much money the employee received. Laws often require employers to issue pay stubs even if the employer pays electronically.
Even if the company is required to provide paper pay stubs, employers still might want to produce electronic pay stubs to help employees access information if they lose paper pay stubs. Software designed to manage a company's finances often make it easy to produce electronic pay stubs, and some programs can automatically send an email about the pay stub to employees.