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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 invoices are essential for any business, whether self-employed or part of a corporation, as they are necessary for receiving payment. The video will provide a clear understanding of what invoices are and how to use them effectively, along with examples. Viewers are encouraged to watch until the end for answers to common questions related to invoicing, helping to clarify the topic further. For more insights on accounting basics, James invites viewers to subscribe and explore additional content on the channel.