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In this video tutorial, James from Accounting Stuff discusses invoices, covering their definition, importance, and key features. He emphasizes that understanding invoices is crucial for anyone in business, whether self-employed or part of a corporation, as they are vital for getting paid. The video provides an explanation of what an invoice is and walks through an example to clarify the topic. Additionally, James encourages viewers to watch until the end for answers to common questions related to invoicing, which will help make the subject clearer. He invites viewers to subscribe and explore more accounting basics in his playlists.