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The tutorial discusses creating calculated fields in a pivot table using formulas. Starting with raw data, the user inserts a pivot table and decides whether to place it in a new or existing worksheet. The packages are added under rows, and the amount and tax are added under values, along with the salesperson under packages. To calculate net amounts by deducting tax from the amount, the tutorial explains that you don't need to copy the pivot table for external calculations. Instead, you can perform calculations directly within the pivot table by selecting a cell in the pivot table and following the necessary steps to create calculated fields.