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In this video tutorial, James from the "Accounts and Stuff" channel explains how to access and create a free invoice template in Google Sheets, which is useful for self-employed individuals and small business owners without accounting software. He emphasizes that Google provides a convenient template that can be accessed easily. Additionally, James offers his own custom invoice template for free and includes a link in the video description. He mentions the advantages of using his template over the standard Google Sheets option, making the process of billing clients straightforward and efficient.