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In this video tutorial, James from Accounting Stuff explains the concept of invoices, their importance, and key features. He emphasizes that invoicing is crucial for businesses to receive payments, whether you're self-employed or part of a corporation. The tutorial aims to clarify what invoices are through a detailed explanation and examples, ensuring viewers understand how to use them effectively. James encourages viewers to watch until the end, where he addresses common questions to provide further clarity on the topic. The video is part of a broader series on accounting and bookkeeping for those interested in the subject.