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In this video tutorial, James from Accounting Stuff explains the importance of invoices in business transactions. He covers the definition of an invoice, why it is essential, and provides a detailed explanation of its key features with an example. Understanding invoices is crucial for getting paid, whether you work for yourself or a corporation. Stick around until the end for answers to common questions that will clarify the topic further. Watch the full video to learn everything you need to know about invoices and how to use them effectively.