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In this video tutorial, James from Accounting Stuff explains the concept of invoices, their importance, and their key features. He emphasizes that invoicing is crucial for any business, whether self-employed or part of a corporation, as it is essential for getting paid. The tutorial will cover what invoices are, why they matter, and provide an example to illustrate their use. Viewers are encouraged to watch until the end for answers to common questions that will clarify the topic further. The video serves as a fundamental introduction to invoicing within the broader context of accounting and bookkeeping.