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In this video tutorial, James from Accounting Stuff explains what an invoice is, why it is important, and how it looks like. Invoices are key to getting paid in any business, and understanding them is essential for both individuals and corporations. James provides a clear explanation of the key features of an invoice using an example, and addresses common questions to help viewers gain a clearer understanding of the topic. To learn more about accounting basics, viewers can subscribe to the channel and watch the full video.