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In this video tutorial, James from Accounting Stuff explains the concept of invoices, highlighting their importance in business transactions. The video covers what invoices are, their key features, and why understanding them is crucial for getting paid, whether you're self-employed or working for a corporation. James also provides examples and aims to address common questions to clarify the topic. Viewers are encouraged to engage with more accounting basics by subscribing to the channel and checking out related playlists. The tutorial emphasizes that invoicing is a fundamental aspect of any business operation.