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In this session of the SAP Business Planning and Consolidation tutorial, the focus is on creating an input template for a budgeted balance sheet. The presenter begins by opening an Excel sheet with the EPM tab and clicks on "New Report" to access the EPM report editor. This editor allows for dragging and dropping dimensions and selecting dimension members to assemble the template. The presenter demonstrates the selection process by adding required dimensions to save the data, showcasing the ability to view account details such as IDs and relationships within a hierarchy. The goal is to display specific information relevant to the budgeted balance sheet scenario.