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In this tutorial, Abdullah Hammond explains how to manage contract expiry dates, particularly beneficial for HR professionals. He begins by defining a contract's starting date, illustrated with an example of April 8, 2020, and a duration of 12 months. To calculate the contract's ending date, he introduces the "EDATE" function, which takes the starting date and a specified number of months as inputs. The function can accept both positive and negative values, allowing users to determine future or past dates based on the contract's terms. This method provides a clear approach to tracking contract timelines effectively.