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In this video, Abdullah Hammond provides a tutorial on managing contract expiry dates, which is especially beneficial for HR professionals but applicable in other fields too. He uses an example with a contract starting on April 8, 2020, lasting for 12 months. To determine the contract's end date, he demonstrates the use of the EDATE function. This function requires a starting date and a number of months, which can be either positive (moving forward in time) or negative (moving backward). The tutorial guides viewers through these concepts, emphasizing their practical application in contract management.