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In this video tutorial, James from Accounting Stuff explains the concept of invoices, their importance, and key features. He emphasizes that invoicing is crucial for any business, whether self-employed or part of a corporation, as it is essential for getting paid. The video will cover the definition of an invoice, why it matters, and provide an example to illustrate its use. James encourages viewers to watch until the end for answers to common questions that will clarify the topic further. The channel aims to educate viewers on accounting and bookkeeping fundamentals, inviting them to subscribe and explore more content.