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In this MrExcel Netcast, Bill Jelen discusses customizing an invoice template obtained from Office Online. After adjusting the template to include his state's tax rate, he notes the need for the name entered in Column B to appear in Column F, as the "Bill To" and "Ship To" addresses often match. He plans to implement simple formulas to achieve this. To facilitate the creation of new invoices, he explains that he will save the customized document not as a workbook but as a template. He mentions that selecting the template option changes the navigation automatically, setting the stage for further instructions on saving and using the template effectively.