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In this tutorial, a simple invoice template is introduced for small businesses and Etsy shops. Users can easily fill in information in designated gray boxes, including invoice numbers, dates, customer details, and company information. The template allows for item entry, including quantity and price, with automatic calculations for totals and subtotals. Discounts can be applied, and the template updates the amount due accordingly. Additionally, users can input tax percentages, and the template automatically calculates the tax amount, streamlining the invoicing process for users.