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In this video tutorial, James from the channel Accounting Stuff explains the importance of invoices in any business. He discusses what invoices are, why they are essential, and walks viewers through the key features with an example. Invoicing is crucial for getting paid in any business, whether you are self-employed or working for a corporation. James emphasizes the importance of understanding invoices and how to use them effectively. Be sure to watch the entire video for a clearer understanding of this topic and to get answers to common questions.