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In this video tutorial, viewers will learn how to create a fully automatic salary slip in Excel. The process begins by selecting the Page Layout view and adjusting column widths for columns A and F to 0.45, and for columns B through E to 1.5. The tutorial instructs merging rows to input the company's name and address, followed by adjusting the font size. After merging another row for the title "Salary Slip," users will fill in details such as employee ID, name, designation, and month/year, all while adjusting borders and font sizes. Sections for earnings and deductions are created, with specific entries under each category, such as basic salary, allowances, and total deductions.