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In this tutorial, the speaker, Ariana from Lakis, explains how to create, edit, and delete invoice templates. Starting from the main screen dashboard, go to the profile icon in the top right corner, then navigate to settings, and select bill settings. From there, choose invoice templates to view existing templates and add new ones. Customize the templates by setting a default, choosing a theme (such as simple, modern, or pro), selecting a theme color, and adding or removing columns. You can also adjust the default due date, remove sections like bill to and flat fees, and edit the template as needed.