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In this Microsoft Word tutorial, the presenter explains how to use formulas for simple calculations within Word, similar to those performed in Excel. The focus is on adding up numbers in invoices or tables and obtaining totals for accountancy purposes. The tutorial demonstrates how to display totals at the beginning of a row, the end of a row, and at the bottom of columns. It shows that by clicking in a cell and navigating to the layout option, users can access a dialog box that allows them to sum up values to the left of the selected cell. The session emphasizes practical uses of formulas to enhance document management.