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In this video tutorial, Kallstrom from Kallstrom.com Business Solutions demonstrates how to add columns in SharePoint to categorize information in the document library. You can create columns using the "Create Column" button on the Library tab or in Quick Edit mode by clicking the plus button. Adding a year column can help categorize documents by year, making it a useful alternative to creating folders. The Quick Edit view allows for powerful functions like copying and pasting data to quickly organize information.