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In this video tutorial, Greg from SharePoint maven explains how to edit documents in SharePoint and OneDrive. The process he demonstrates is applicable to both platforms, specifically for Microsoft Office documents like Word, Excel, PowerPoint, and OneNote. He shows how to make changes to documents stored in a SharePoint site or a document library, highlighting the functionality for editing documents in a team site. Opening a Word document as an example, he emphasizes that the editing capabilities are similar for both SharePoint and OneDrive.