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In this video, James from Accounting Stuff explains what invoices are and their importance in business. He emphasizes that understanding invoices is crucial for anyone looking to get paid, whether self-employed or part of a corporation. The tutorial outlines the key features of invoices and provides an example for clarity. Viewers are encouraged to watch until the end for answers to common questions about invoicing. The video serves as a resource for those interested in accounting and bookkeeping, inviting them to subscribe for more informative content.