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In this video tutorial, viewers learn how to create a purchase order template using Excel. The process begins with opening a new workbook and entering company information, including the company name, address, and contact details. Dummy information is used as placeholders. The next step is to clearly label the document as a purchase order by adding the title “Purchase Order” along with relevant details such as the purchase order number and date. Finally, the tutorial emphasizes the need to include information about the supplier or vendor from whom items are being purchased.