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In this session, we will be discussing the virtual wizard tool, which allows us to create, delete, and customize documents. Features include activating tags, setting default accounts and due dates, adding new fields or columns, adjusting display information, setting default values and restrictions, and customizing field positions. The wizard also allows for making fields read-only or hidden. By creating exclusive documents for credit sales and cash transactions, we can utilize the "create document" option under the settings submenu. This allows us to easily create new document types and customize them according to our needs.