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In this video tutorial on customizing invoices and estimates in QuickBooks Online, the presenter begins by selecting the "New" button and choosing "Invoice," which opens the default invoice template. The tutorial highlights that while some elements of the template can be changed, many cannot, requiring users to be patient. The first customization mentioned is adding a logo by clicking the "Add Logo" option, allowing users to upload a logo from their computer. The logo appears on the right side of the invoice, and while it seems repositionable, it is fixed in that location. The presenter then instructs viewers to click on "Manage" at the top to access additional settings for further customization options.