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In this video tutorial on accounting and bookkeeping, James explains the importance of invoices, what they look like, and why they are essential for businesses. He covers the key features of invoices with an example and emphasizes the significance of understanding invoicing for getting paid. Invoices are a crucial part of any business, whether self-employed or working for a company, as they facilitate transactions and ensure timely payments. Watch the video to learn more about invoices and how to use them effectively.