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In this video tutorial, Marcus demonstrates a simple way to change an invoice template in Xero. To do this, you need to click on "Business" and then "Invoices" in Xero. Select the invoice you want to edit, go to the three dots, and then choose "Invoice Settings." From there, you can change the invoice template by creating a new branding theme with customizable options such as name, terms, payment advice, and more. You can also edit a pre-created standard template without having to start from scratch.