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In this video, James from the "Accounts and Stuff" channel explains how to access and create a free invoice template in Google Sheets for billing clients, which is particularly useful for self-employed individuals and small businesses lacking accounting software. He highlights the convenience of Google's invoice template and mentions that he has also created his own customizable template, available via a link in the description. James encourages viewers to subscribe for more accounting and bookkeeping content in future weekly videos.