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This video tutorial is a beginner's guide to using Microsoft Office Excel 07. Excel is organized into columns and rows, with each intersection called a cell. The video demonstrates creating an estimating template for a small contractor or handyman, starting with naming the sheet and inputting materials, prices, quantities, and other relevant columns. The guide uses copying and pasting to simplify the process and sets up columns for materials, prices, quantities, totals, task names, hours, hourly rates, and overall totals.