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In this video tutorial, James from Accounting Stuff explains what invoices are, their importance, and their key features, providing a comprehensive overview of the topic. He emphasizes that invoicing is essential for any business, whether self-employed or within a corporation, as it is necessary for getting paid. The video promises answers to common questions, helping viewers better understand invoices. James encourages viewers to subscribe for more accounting videos and to check out additional resources on accounting basics. The tutorial aims to clarify what invoices look like and how they function in normal business transactions.