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In this video tutorial, the focus is on creating a personalized timesheet in Microsoft Excel. The timesheet is designed for managing the time of an individual, rather than an entire organization. The key elements to include in the timesheet are date worked, time in, time out, and total hours worked. It is important to freeze the top row to keep this information visible. This personalized timesheet can be used to track hours worked, whether for personal use or for a contractor or contract position.