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In this video tutorial, James from the channel "Accounts and Stuff" introduces a free invoice template available in Google Sheets, ideal for self-employed individuals and small businesses lacking accounting software. He emphasizes the simplicity and convenience of using this template to create invoices and track billing efficiently. James also offers his own custom invoice template for free, with a link provided in the description. He highlights the advantages of his template compared to the Google Sheets default option, gearing the tutorial towards those eager to start billing clients immediately.