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In this MrExcel Netcast, Bill Jelen discusses customizing an invoice template obtained from Office Online. After adding his state's tax rate, he notes that the template does not automatically fill in the "Bill To" and "Ship To" fields with the name entered in Column B. To address this, he plans to implement simple formulas to link these fields. He expresses the desire to easily create new invoices and explains the process of saving the modified document not as a regular workbook but as a template. This method streamlines the invoicing process, making it more efficient for future use.