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The video tutorial demonstrates how to set up an hourly invoice using Be Bills for industries that bill customers by the hour. To start, you need to log hours, add a new project, fill in project details including customer information, and specify custom start and end times with prices. Once everything is filled out, save the project and add hours worked on specific days. You can then choose to send the invoice for approval or immediately. The customer can review the invoice through a link sent via email and either accept or reject it, with notifications sent to you accordingly.