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In this video tutorial, PK demonstrates how to create an employee timesheet tracker. The tracker allows for inputting employee information for a specific month, which can be distributed for filling in timesheets. Users can change the month, automatically updating the corresponding dates. The template includes fields for "time in," break times, and "final out time," with automatic calculations for total hours worked, break durations, and productive hours. Time entry is facilitated through a designated button, incorporating validations to ensure entries are made only for the current day.