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The video tutorial covers creating and editing quotes in Dynamics 365 for sales. There are two ways to create quotes: from an existing opportunity or directly from the quote list/view. Starting with creating a quote from an existing opportunity, you can open the opportunity record and click on the quotes tab to create a new quote. The new quote form will display relevant details from the opportunity record, such as price list, customer, and products. You can then enter shipping, payment, and freight terms, as well as update billing and shipping addresses if needed.