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In this video tutorial by James from Accounting Stuff, viewers learn about invoices, their importance, and their key features. The tutorial emphasizes that invoicing is essential for businesses, whether self-employed or part of a corporation, as it is necessary for receiving payments. James provides a clear definition of an invoice and discusses its vital role in business transactions. He also includes an example to illustrate how invoices work. Additionally, he encourages viewers to watch until the end for answers to common questions, helping to clarify the topic further. Viewers are encouraged to subscribe for more accounting-related content.