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An invoice is a crucial document in business that outlines details of a transaction such as goods or services provided, quantities, prices, and payment terms. Understanding invoices and how to use them is key to getting paid. In this video tutorial, James from Accounting Stuff explains what invoices are, why they are important, and walks through key features with an example. Don't miss the answers to common questions at the end to clarify this topic further. Invoicing is essential for any type of business, whether self-employed or part of a corporation. Subscribe to learn more about accounting basics.