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In this video tutorial, James from Accounting Stuff explains the importance of invoices in business. Invoices are essential for getting paid and understanding how to use them is crucial for any type of business. James walks viewers through the key features of an invoice with an example, providing clarity on what an invoice is and why it is important. He emphasizes the necessity of understanding invoices for both individuals and corporations, highlighting the significance of invoicing in any business transaction. Watch the video to learn more about invoices and how to effectively use them to get paid.