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In this video, you will learn to create a fully automatic salary slip in Excel. Start by setting column widths for columns A and F to 0.45, and columns B, C, D, and E to 1.5. Merge rows for company name and address, adjust font size. Create salary slip with employee details and earnings/deductions, adding borders and adjusting font size accordingly. Include basic pay, allowances, deductions like provident fund and tax.