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In this video tutorial, Michaela, a bookkeeper from QuickBooks Live, explains how to create an invoice for future payments for products and services. She covers adding customers and products to the invoice, customizing it, and sending it. Additionally, she demonstrates how to create an invoice using the QuickBooks mobile app. Michaela notes that if customers pay at the time of sale, a sales receipt should be issued instead, and there's a separate video for that process. To start an invoice, users must select "New" and then "Invoice." The invoice form displays contact information, which can be edited, including the company logo and customer details already saved in QuickBooks.