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An invoice is a crucial part of any business transaction, whether you work for yourself or a corporation. In this video tutorial, James from Accounting Stuff explains what an invoice is, why it is important, and how to use it. He discusses the key features of an invoice with an example, emphasizing the significance of understanding and utilizing invoices for getting paid. Watch the video until the end for answers to common questions that will clarify the topic further. Invoicing is essential for getting paid in any business setting.