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In this tutorial, the presenter guides viewers through the process of creating a currency field in Salesforce. To begin, users must access the setup by clicking the gear icon. Next, they navigate to the Object Manager and select the desired object, here exemplified as "Account." The tutorial then directs viewers to the "Fields and Relationships" section where they select "New" to create a custom field. They choose "Currency" as the field type and proceed to configure it, specifying a field label (suggested as "Cost") to represent account expenses. It is noted that the field can accommodate up to 18 digits, but the presenter recommends using 16 with 2 decimal places for currency representation.