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In this video tutorial, Abdullah Hammond explains how to manage contract expiry dates, particularly beneficial for HR professionals but applicable in various contexts. He starts by defining a contract's starting date, exemplifying with April 8, 2020, and specifies a 12-month duration. To calculate the contract ending date, he introduces the "e date" function, which determines a date based on the starting date and a specified number of months. The number of months can be positive (moving forward) or negative (moving backward in time), allowing for flexible date calculations regarding contract durations.