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In this video tutorial, PK demonstrates how to create an employee timesheet tracker. The template allows for inputting employee information for a specific month, with automatically updating dates based on the first date entered. It includes columns for time entry, break times, and final out time, with automatic calculations for total hours worked and productive hours (total hours minus breaks). Users can input times using designated buttons, and the tracker has validation to restrict time entries to the current day, ensuring accurate data collection. The tracker can be distributed among employees for ease of use in the workplace.