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In this tutorial, Scott from Simple Forms to Ark demonstrates how to clear a promissory note. Users can access the form under financial forms or a dropdown menu. The first time a user accesses the form, prompts will guide them to input specific state information, which can be changed as needed. The form is highly customizable; users can attach a payment schedule and add interest rates by clicking "yes," which reveals further options for input. After filling in the necessary details, users can create their promissory note. To make adjustments, they can select "Edit my promissory note." Finally, users can add the agreement to their account and include any additional notes as desired.