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Excel templates can help save time in designing and standardizing forms and reports. Numerous free templates are available for all Excel users, compatible with both the desktop app and Excel online. The video tutorial explains how to find and create your own templates in the Excel desktop app, requiring an internet connection. To access free templates, go to the File Tab, then New. Users can browse by category or enter a specific search term (e.g., "tracker templates"). By selecting a template thumbnail, more details, including the developer's information, are provided. After choosing a template, click the create button to download it.