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In this video tutorial, James from Accounting Stuff explains the concept of invoices, their importance, and their key features. He emphasizes that invoices are essential for any business, whether self-employed or part of a corporation, as they facilitate payment. The video will cover what invoices are, provide an example, and address common questions to clarify the topic further. Viewers are encouraged to watch until the end for a comprehensive understanding and to subscribe for more accounting content. James also invites them to explore additional resources in the playlist provided.