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In this video tutorial by Matt Holtquist from QuickBooks University, viewers learn how to set up a customized invoice template in QuickBooks Desktop. He explains that while QuickBooks offers default invoice templates, many business owners prefer to create personalized templates for a better company appearance. To begin the setup, users should navigate to the "Lists" menu and select "Templates," where they will find various existing templates. Holtquist emphasizes the importance of customization to enhance the overall look and feel of invoices, tailoring them to specific business needs. The video aims to guide users through this process efficiently.