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In this video, James explains how to access a free invoice template in Google Sheets for billing clients. He emphasizes that this is a valuable resource for self-employed individuals and small business owners who may not have accounting software like QuickBooks or Xero. Google provides an easy-to-use invoice template, which is convenient for creating and tracking invoices. Additionally, James offers his own customizable invoice template for free, with a link available in the video description, highlighting its advantages compared to the standard Google Sheets template. He encourages viewers to subscribe for more accounting and bookkeeping tutorials.