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This tutorial introduces the Excellence monthly employee timesheet Excel template, which helps track employee shifts and calculate payments. Users start by editing employee names and titles, then input all shifts for the month. The template automatically reflects the inputted names and titles. After entering the shifts, users can view the monthly payment based on total hours, hourly rate, and optional extra payments. The dashboard and summary sections provide an overview of payments per employee and monthly totals, requiring no additional input due to its protected formulation. The video concludes with a link to access the template.