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In this tutorial, Steve from Excel Dashboard Templates introduces how to create a calculated field in a pivot table. By accessing the pivot table tools under the analyze tab, users can find the option for calculated fields under the calculations section. After selecting this, users can name the new field, for instance, "Commission." He demonstrates that by applying a simple formula, they can calculate a 5% commission on sales data recorded for each salesperson. This calculated field can be utilized in pivot charts and other analyses, offering a way to streamline reporting processes. For more tips and techniques about Excel, viewers are encouraged to visit his blog.
