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In this MrExcel Netcast episode, Bill Jelen discusses customizing an invoice template sourced from Office Online. After setting his state's tax rate, Bill aims to enhance the template so that entering a name in Column B will automatically populate it in Column F, as billing and shipping information is typically the same. He plans to incorporate simple formulas for this functionality. To streamline the process of creating new invoices, he decides to save the modified file as a template instead of a standard workbook, noting that the navigation changes when selecting the template option.