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The tutorial discusses creating a preventative maintenance agreement for AF4 maintenance. The presenter opens an example agreement, highlighting key elements such as the header, which indicates the partnership between Fur Ventures and Point Break Medical Center. It details the agreement number, associated account, and its active status. The presenter addresses the taxable status and relevant sales tax code. Additionally, the duration of the agreement is mentioned. On the right side, there are setup options for booking and invoicing, which will be explored further. This overview serves to guide understanding of the fundamental components of a maintenance agreement.