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An invoice is a crucial document in business that outlines the details of a transaction, from the goods or services provided to the payment terms. In this video tutorial, the presenter, James, explains the importance of invoices, their key features, and provides an example to help viewers understand how to use them. Whether you are self-employed or working for a corporation, knowing how to create and use invoices is essential for getting paid. Watch the video for a clear explanation and answers to common questions on this topic.