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The video tutorial provides guidance for consultants on creating an invoice using a template. It suggests choosing between Microsoft Excel, Microsoft Word, or PDF formats, with PDF being the easiest option for a quick invoice. The tutorial demonstrates filling in a fillable invoice, starting with the consultant's name (e.g., One Two Three Consulting) and the client's details (e.g., John Adams). The invoice includes fields for agreement number, purchase order number, payment terms, date of service, description, rate per hour, and the total amount due. Once completed, the invoice can simply be printed and sent to the client.