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In this video tutorial, the presenter explains how to create a fully automated billing system in Excel for hotels and resorts, negating the need for external software. The system will calculate various components such as room rent, taxes, discounts, and complementary services, automatically determining the total payable amount for customers. The presenter introduces the Excel billing sheet, mentioning that while some elements require manual input, most calculations happen automatically. Viewers will learn to efficiently manage customer billing using this Excel format, which serves as a comprehensive solution for hotel revenue tracking.