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The video demonstrates how to create an interactive drop-down list in Microsoft Excel that automatically fills in text in other areas of a form. This is achieved by using a VLOOKUP formula and linking an invoice with a vendor contact list. By selecting a vendor from the drop-down list, their contact information and mailing address will populate on the invoice. This allows for easy printing and sending the invoice as a PDF. The process is relatively simple and will be explained step by step in the tutorial.
