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In this video tutorial, viewers learn how to customize invoices and estimates in QuickBooks Online. The process starts by clicking the "New" button and selecting "Invoice," which opens the default template. Users can add a logo by clicking on "Add logo" and selecting an image from their computer; however, the logo's placement is fixed and cannot be adjusted. The tutorial outlines that many aspects of the template can be modified, while others cannot, requiring patience. By clicking on "Manage" at the top of the screen, users can access a sidebar that offers various customization settings for their invoices and estimates.