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In this video, James from Accounting Stuff explains the concept of invoices, their importance, and their key features. He emphasizes that understanding invoicing is essential for anyone in business, whether self-employed or working for a corporation, as it is necessary for getting paid. The video promises to clarify what invoices are with an example and aims to address common questions about the topic. Viewers are encouraged to watch until the end for a clearer understanding of invoicing and its role in business transactions. James also reminds viewers to subscribe for more accounting tutorials.