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In this tutorial by Steve from ExcelDashboardTemplates.com, the focus is on creating a calculated field within a pivot table. After introducing the blog for further Excel tips and tricks, he demonstrates how to efficiently add a calculated field to the pivot table. Using sales data for various salespeople, Steve guides viewers to click inside the pivot table to access contextual ribbons. Under the "Pivot Table Tools Analyze" section, he shows how to find the "Calculated Field" option under "Fields, Items, and Sets." Steve explains that he will create a field named "Commission," which will calculate a 5% commission based on sales, emphasizing the utility of this feature for pivot charts and other applications.