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In this video, James from Accounting Stuff explains invoices, their importance, and key features. Invoices are essential for businesses to ensure they get paid, regardless of whether one is self-employed or part of a corporation. The tutorial will cover what invoices are and provide an example for clarity. Viewers are encouraged to watch until the end for answers to common questions surrounding the topic. James invites viewers to subscribe for more accounting and bookkeeping knowledge and suggests exploring additional resources in the channel's playlist on accounting basics.