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In this tutorial, Venky demonstrates how to use existing spreadsheets to add your team to QuickBooks payroll. This feature is available for U.S customers on Code premium and elite plans. You can upload your spreadsheets to add employee details in one go for better payroll setup. This feature is now available for 25% of customers. Within the payroll tab, you will see setup tasks, including adding your team, which streamlines the process for customers with many employees. The video focuses on using spreadsheets to simplify the setup process.