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The tutorial demonstrates how to use a contract management template by hiding the top ribbon for more space. Settings allow customization of language, data rules, and categories like duration, value, type, periodicity, and status. Translation tab offers English, French, and Portuguese options with the ability to add new languages. The responsible section enables entry of contract managers like "Bob Marley." The contract database section is for inputting contract details. A new contract is set up by entering the contractor's name.
