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In this video tutorial, James from Accounting Stuff explains the concept of invoices, their importance, and their key features. He emphasizes that invoicing is crucial for businesses, whether self-employed or corporate, as it's necessary to get paid for services rendered. The video covers what invoices are and provides examples for clarity. James encourages viewers to watch until the end for answers to common questions related to invoicing, aimed at simplifying the topic for better understanding. He invites viewers to subscribe for future videos and check out additional accounting resources on the channel.