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In this video tutorial, James from Accounting Stuff explains the importance of invoices in business. Invoices are crucial for getting paid, whether you are self-employed or working for a corporation. James walks through the key features of an invoice with an example, emphasizing the importance of understanding and using invoices effectively. Watch the video to learn more about what invoices are, why they are important, and how to utilize them in your business transactions. Stay tuned until the end for answers to common questions to clarify this topic further.