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In this video tutorial, Abdullah Hammond explains how to manage contract expiry dates, a valuable skill for HR professionals and others. He starts with a contract example that begins on April 8, 2020, with a duration of 12 months. To calculate the contract's ending date, he introduces the "E DATE" function, which determines a future date based on a specified starting date and a number of months. The E DATE function requires the starting date and the number of months (which can be positive for future dates or negative for past dates). This method effectively helps in tracking contract expiration dates.