What the Web Service Wizard Does
The Web Service Wizard creates a Web Service class.
A Web Service class is simply a class that:
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is derived from the %SOAP.WebServiceOpens in a new tab class,
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defines a set of class parameters that define certain features of the Web Service, such as the name of the service,
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and, defines the actual methods of the Web Service as a set of one or more class methods with their WebMethod keyword specified.