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In this tutorial, the presenter shows how to use Excel to create a workbook for projecting vacation time earned by specific dates. Starting with a blank workbook, users can maximize the screen and begin by labeling columns in the upper left corner. The first column is for dates, while the second is for vacation earned. The presenter demonstrates navigating through cells using the Tab key, emphasizing the structure of Excel, which consists of columns (labeled by letters) and rows (labeled by numbers). This method simplifies tracking vacation time effectively using Excel's features.