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The video tutorial demonstrates how to print a payslip for Peter Parker, an employee at Excellent Gap, into a PDF file. By changing the employee code, the payslip for Steve Rogers can also be printed. The Excel template features include checking details against employee codes, updating employee details with dropdown lists, and displaying salary amounts in English words. The tutorial also shows how to print the payslip to a PDF file by clicking the "print Payslip" button.
