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Michaela, a bookkeeper from QuickBooks Live, explains how to create an invoice for customers who will pay for products and services in the future. The tutorial covers adding customers and products to invoices, customizing them, and sending the invoices. It also includes instructions for creating invoices using the QuickBooks mobile app. Michaela notes that if customers pay at the time of sale, a sales receipt is required instead, with another video available for that process. To start an invoice, select "new" and then "invoice." Users can edit company information and logos, and once a customer is selected, QuickBooks auto-fills the relevant details.