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In this tutorial by Randy from Excel for Freelancers, viewers will learn to create a fully customizable and dynamic invoice template in Excel. Key features include a one-click toggle for edit mode, the ability to show or hide fields and columns, and a customer management system. The invoice also features a date picker pop-up, multi-page support for invoices, dynamic terms with automated due dates, and more. The training promises a comprehensive approach to building an advanced invoice template with functionalities that enhance usability and efficiency.