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In this video, James from Accounting Stuff explains the concept of invoices, their importance in business, and their key features. He emphasizes the necessity of understanding invoices for both self-employed individuals and corporations to ensure they get paid. The tutorial will cover what invoices are, their significance, and provide examples for clarity. James encourages viewers to watch until the end for answers to common questions related to invoicing, aiming to make the topic more comprehensible. This video serves as an introduction to the essential role of invoicing in accounting and bookkeeping.