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In this tutorial, Sofiane, a digital signature and workflow automation consultant, demonstrates how to set up formula fields in docHub to calculate dates and numbers. He explains how to create simple or advanced formula fields for tasks such as calculating payment amounts. Using a hypothetical scenario of a car rental company, he shows how to use drop-down menus to allow users to choose between car models and colors, as well as input the duration of the booking. By the end of the video, viewers will have the knowledge to set up formula fields for various calculations in docHub.