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In this tutorial, Abdullah Hammond explains how to manage contract expiry dates, a valuable skill for HR professionals and others. He uses an example of a contract starting on April 8, 2020, with a duration of 12 months. To calculate the contract's ending date, he introduces the "EDATE" function, which allows users to find a date after a specified number of months from a starting date. The EDATE function requires the starting date and the number of months to adjust, which can be either positive (to move forward in time) or negative (to move backward). This method streamlines the process of tracking contract expiration.