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In this video tutorial, the presenter will create an invoice template using a pre-made template from Google Sheets. They begin by navigating to 'File' and selecting 'New from Template' to access available templates, specifically focusing on the invoice option. The presenter then views the template and plans to enhance its appearance by making specific changes. They express a desire to relocate the invoice label for better positioning, demonstrating how to cut and paste elements using keyboard shortcuts (Ctrl X or Command X for cut, and Command V for paste). However, upon pasting, they encounter issues with merged cells that create extra columns.