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In this tutorial, Matt Holtquist from QuickBooks University demonstrates how to set up an invoice template in QuickBooks Desktop. He explains that while QuickBooks provides default invoice templates, many business owners prefer customizing them for a professional look. The process begins by navigating to the Lists menu and selecting the Templates option. Users will see various standard templates available in a new company file. The tutorial continues with steps to modify these templates to better suit individual company branding and preferences.